2 years ago

What is the name of the period when an economy begins to shrink?recessiondepressionrecoverypeak

Social Studies

1 answer:

aleksandr82 [10.1K]2 years ago

8 0

Answer:

Recession

Explanation: a Recession is 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.

Or in simpiler terms. a Recession is th point in which an econamy's trade and busness is significantly stalled or comes to a halt in its entirety.

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