joseph advert
1 post
Jul 22, 2024
3:36 AM
|
A recession is an economic downturn characterized by a significant decline in economic activity across the economy, typically marked by reduced consumer spending, business investment, and employment. It often leads to decreased production, lower wages, and increased unemployment rates. Recessions can be caused by various factors such as financial crises, external shocks, or government policies. Governments and central banks often implement measures to stimulate the economy and mitigate the effects of recessions.recession
Last Edited by joseph advert on Jul 22, 2024 3:37 AM
|