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mart [117]
3 years ago
7

What does recession mean

Law
1 answer:
Sauron [17]3 years ago
3 0

In economics,

A recession is a business cycle contraction when there is a general decline in economic activity.

Definition: 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.

Have an awesome day! If you need anymore help, feel free to ask whenever. I will be happy to help. :)

~Emma

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