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Recession means period of general economic decline, defined usually as a contraction in the GDP for six months (two consecutive quarters) or longer. Marked by high unemployment, stagnant wages, and fall in retail sales, a recession generally does not last longer than one year and is much milder than a depression. Although recessions are considered a normal part of a capitalist economy, there is no unanimity of economists on its causes.
Wiki User
∙ 11y ago
Wiki User
∙ 14y agoA recession is when the government goes into a economic crisis. Such as what Bush put us through the last 4 yrs he was president, and what obama is going tro do srry its pollitics
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What is the meaning of recession from the Hebrew word to English word?
"Mitoon" - מתון.
Can you give a sentence with the word recession?
I Don't Know What The Word Recession means. Theres Your Sentence
What is the verb to the word Recession?
The word recession is a noun form for the verb recess.The word recess is also a noun form.
What is the noun for recession?
The word recession is a noun, a singular, common, abstract noun.
What is a noun for recession?
The word 'recession' is a noun, a word for the act or action of movement away from the observer; a word for a period of general economic decline; a word for a thing.
Is the word recession just another word for overpopulation?
No
What is global recession?
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
What is another word for recession?
slump
What is the meaning of recession in World War 2?
it smells ahaha
What is another word for economic downturn?
Recession
A word for A bad time with a lot of unemployment?
Recession
If you will to describe in ONE WORD the current situation of the word today what would it be and why?
Recession
