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- Dictionaryre·ces·sion/rəˈseSH(ə)n/
noun
- 1. a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters: "the country is in the depths of a recession"
- 2. the action of receding; motion away from an observer.
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Apr 16, 2024 · A recession is a significant, widespread, and prolonged downturn in economic activity. Learn how economists measure, predict, and explain recessions, and how they differ from depressions.
Feb 13, 2024 · A recession is a significant decline in economic activity that lasts for months or even years. Experts declare a recession when a nation’s economy experiences negative gross...
Learn the meaning of recession in English, a period of low economic activity, unemployment and business failure. See how to use recession in sentences and compare it with depression.
In economics, a recession is a business cycle contraction that occurs when there is a general decline in economic activity. [1] [2] Recessions generally occur when there is a widespread drop in spending (an adverse demand shock ).
A recession is a significant decline in economic activity across the economy, lasting more than a few months. Learn how recessions are defined, measured, and ended, and what effects they have on consumers, investors, and markets.
Dec 12, 2022 · A recession is a period of economic contraction caused by imbalances in the market. Learn how recessions are triggered, predicted, and survived, and how they affect businesses and people, with case studies of the Great Recession, the Asian financial crisis, and the Great Depression.
The meaning of RECESSION is the act or action of receding : withdrawal. How to use recession in a sentence.
