what is the economic downturn
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In economics, a recession is a business cycle contraction when there is a general slowdown in economic activity. Macroeconomic indicators such as GDP, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.
mahirkhan13:
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Economic downturn is a part of economic cycle ie, the natural fluctuation of economy between periods of growth and contraction...
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