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The word that means economic downturn accompanied by layoffs lagging sales and reduced corporate profits?
Wiki User
∙ 9y ago
The economic downturn accompanied by layoffs, lagging sales and reduced corporate profits in one word means 'recession'. It is a financial crisis and is a part of the economic cycle.
Wiki User
∙ 9y ago
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Explain Technological backwardness of underdeveloping countries?
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How would you define a lagging economic indicator?
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What is lagging on a belt conveyor?
Lagging is generally used on drive pulleys, it is usually located on the dirty side on the belt. It is used to increase the co efficient of friction on the belt to the pulley. Four kinds of lagging are rubber, volcanized, bolted, ceramic.
What is the meaning of lagging behind?
to fall behind
