Negative economic development is called :
I. Recession
2. Regression
3 Deceleration
4. Deflation
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heya answer is here ......
◇ option "1" is correct.
hope it helps u
◇ option "1" is correct.
hope it helps u
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2
Recession
In commerce, a recession is a business cycle consumption when there is a widespread decline in commercial activity. Macroeconomic symbols such as GDP, expenditure spending, potential utilization, family income, business profits, and inflation fall, while failures and the unemployment rate increase.
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