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This period if time is known as a recession.
Economic depression.(:
the business cycle
The faster that products can be made, the more economic activity that can occur. If the product production slows down, the economy will slow down as well.
A recession is when the economic activity slows and people start losing their jobs and/or companies slow their hiring.
This period if time is known as a recession.
America
Economic depression.(:
the business cycle
Bust or depression.
The faster that products can be made, the more economic activity that can occur. If the product production slows down, the economy will slow down as well.
A recession is when the economic activity slows and people start losing their jobs and/or companies slow their hiring.
Where economic growth in an economy slows down, it's never a good thing. The employable population in any economy needs to have jobs available in the economy. Growth will do this, however, slow growth will not keep up with the number of people seeking jobs, thus creating unemployment.
Fewer citizens borrow money to buy houses or cars
my pines
A drug that slows down the activity of the central nervous system is called a depressant. Examples of depressants are Xanax, Librium and Amytal.
A drug that slows down the activity of the central nervous system is called a depressant. Examples of depressants are Xanax, Librium and Amytal.