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GalinKa [24]
4 years ago
13

Define recession in economics

History
1 answer:
max2010maxim [7]4 years ago
5 0
Period of general economic<span> decline, </span>defined<span> 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 </span>recession<span> generally does not last longer than one year and is much milder than a depression.

hope this hopes</span>
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