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Extended decline in general business activity?

Recession


Extened decline in general business activity?

recession


What is the difference between an economic recession and an economic depression?

An economic recession is "an extended decline in general business activity, typically three consecutive quarters of falling real gross national product and gross demostic product." An economic depression is "a period of drastic decline in a national or international economy.


How would you define the business cycle.?

A business cycle refers to the ups and downs of the general level of economic activity for a country.


Write a letter on decline in sales as you are a general manager?

Write a letter on decline in sales as you are a general manager


Is the word business a common noun?

Yes, the noun 'business' is a common noun; a general word for the activity of making, buying, or selling goods or providing services in exchange for money; a general word for something to be dealt with; a general word for a personal concern.


What is the difference between recession and inflation?

Recession is a period of economic decline characterized by a decrease in economic activity, while inflation is a general increase in prices of goods and services.


What is the meaning of business administration?

It refers to general business principles and practices.It refers to general business principles and practices.It refers to general business principles and practices.It refers to general business principles and practices.It refers to general business principles and practices.It refers to general business principles and practices.


What is by MBA in general business?

Masters in Business Administration in General Business


A time of decline in general price levels of goods and services and the value of money is stronger?

Deflation is a decline in general price levels of goods and services and a stronger value in money.


What will raise consumer expenditures?

A general decline in housing prices


Who can operate subsidiary general ledger account?

why is the tertiary sector in decline

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