Difference between revisions of "Recession"

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(Add second definition. Source: The Balance webpage https://www.thebalance.com/what-is-a-recession-3306019)
(Add link.)
 
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* [[Double dip]]
 
* [[Double dip]]
 
* [[Great Depression]]
 
* [[Great Depression]]
 +
* [[Great Recession]]
 
* [[Gross domestic product]]
 
* [[Gross domestic product]]
 
* [[Inflation]]
 
* [[Inflation]]

Latest revision as of 12:43, 25 March 2020

1.

Any extended time period during which gross domestic product (GDP) decreases from one measurement period to the next.


2.

A period of two successive quarters, or more, in which GDP decreases from the previous quarter.


See also