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Artist 52 [7]
3 years ago
7

Hi, I’m really confused. anyone able to explain this? Thank you :)

Geography
1 answer:
Aleks [24]3 years ago
3 0

Answer:

recession is when there is a decline in the economy and trade and industrial activity is lessened. It is global when this one recession affects other countries across th world. in the given example there was a recession in financial firms but since they were the worlds largest it affected multiple countries and caused their economies to shrink.

Explanation:

I tried my best. I'm sorry if it wasn't of any help.

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