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Recession means: When the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
It's actually a fall in GDP for 2 or more quarters....
Wiki User
∙ 14y ago
Wiki User
∙ 14y agorecession is a thing that stops jobs and many things . recession is also a began in 1937
now the recession is in the united states
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Was it a recession or the Great Depression or prohibition when people loss their life savings?
This was The Great Depression
Are you in a depression or recession?
The world is in a big recession.
What were the three Rs of the New Deal?
Relief, Recovery, and Reform. Recession is not one of the three R's. The New Deal was created during the recession, also known as Great Depression.
What is a good analogy for the Great Depression?
The recession of 2008 and the Great Depression of the 1930s have similar beginnings. Financial meltdowns caused a reduction in consumer spending which lead to unemployment in great numbers.
What was the main reason why Australia's economy collapsed right before the Great Depression began?
The government made poor decisions.
Was an effect of the Great Recession?
High unemployment was an effect of the Great Recession.
What is global recession?
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
What was the effect of the 1981-1982 recession?
High unemployment was an effect of the Great Recession.
What were the top jobs during the great recession?
The service industry was healthy during the great recession. This included anything in hospitality and restaurants.
What date did the great recession end?
NEVER.
What are the release dates for Code Monkeys - 2007 The Great Recession - 2.11?
Code Monkeys - 2007 The Great Recession - 2.11 was released on: USA: 3 August 2008
South Africa is currently in a recession. Motivate your answer?
South Africa is currently in a recession because of a great decline in demand for products and output of products due to a world market recession.
Was it a recession or the Great Depression or prohibition when people loss their life savings?
This was The Great Depression
How many months was the great recession?
2 1/2
What are the release dates for Code Monkeys - 2007 The Great Recession 2-11?
Code Monkeys - 2007 The Great Recession 2-11 was released on: USA: 3 August 2008
What caused the 1873 great recession?
Failure of a Philadelphia banking firm
What was signed by barack obama in order to create and preserve jobs after the great recession?
The American Recovery and Reinvestment Act of 2009 was signed by Barack Obama in order to create and preserve jobs after the great recession
