Recession Period
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In this podcast, we are talking about a recession period which is a slowdown or a massive contraction in economic activities. A significant fall in spending generally leads to a recession. Such a slowdown in economic activities may last for some quarters thereby completely hampering the growth of an economy.
Recession Period
3y ago
A recession period is a consecutive quarters of decline in GDP, but this isn't necessary for the economy to be in a recession. A recession just needs to be a contraction of the economy, featuring shrinking production and consumption, higher unemployment. --- This episode is sponsored by ยท Anchor: The easiest way to make a podcast. https://anchor.fm/app ..read more