Economy, asked by piyushTiwari3171, 10 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.

mark as brainlist ☺️

Answered by mishka93
0

Explanation:

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

hope it's helpful for you ☺️

Similar questions