Economy, asked by piyushTiwari3171, 8 months ago

What is meant by recession?

Answers

Answered by aayush5986
1

Explanation:

A recession is a macroeconomic term that refers to a significant decline in general economic activity in a designated region. It had been typically recognized as two consecutive quarters of economic decline, as reflected by GDP in conjunction with monthly indicators like a rise in unemployment.

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Answered by mishka93
0

Explanation:

a period when the business and industry of a country is not successful

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