What is Stagnant Economy..??
Answers
What is Stagnant EEconomy?
Stagnation is a situation that occurs within an economy when total output is either declining, flat, or growing slowly. Persistent unemployment is also a characteristic of a stagnant economy. Stagnation results in flat job growth, no wage increases, and an absence of stock market booms or highs.
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Answer:
What Is Stagnation?
Stagnation is a prolonged period of little or no growth in an economy. Real economic growth of less than 2% annually is considered stagnation, and it is highlighted by periods of high unemployment and involuntary part-time employment. Stagnation can occur on a macroeconomic scale or a smaller scale in specific industries or companies. Stagnation can occur as a temporary condition, such as a growth recession or temporary economic shock, or as part of a long-term structural condition of the economy.
KEY TAKEAWAYS
- .Stagnation is a condition of slow or flat growth in an economy.
- Stagnation often involves substantial unemployment and under employment, as well as an economy that is generally performing below its potential.
- Periods of stagnation can be short lived or long lasting, and can result a range of economic and social factors.
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