belfasttelegraph Monday, 30 March, 2015

Economic Recession

Economic Recession

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Wikipedia

In economics, a recession is a business cycle contraction, a general slowdown in economic activity. Macroeconomic indicators such as GDP, employment, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise. Recessions generally occur when there is a widespread drop in spending, often following an adverse... Full Article At Wikipedia.org

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