A period of temporary economic decline.
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re·ces·sion
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re·ces·sion. 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. From Oxford Dictionaries. Recessions can be daunting, particularly when the economic downturn catches you and your business unawares.
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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. From Oxford Dictionaries. Recessions can be daunting, particularly when the economic downturn catches you and your business unawares.
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