a recession or depression
This period if time is known as a recession.
This is usually called a recession.
A period of economic growth is an economic boom
Recession! I had this for a test.
The period of time when the economy is shrinking is called a recession. During a recession, economic activity declines, leading to reduced consumer spending, rising unemployment, and lower production levels. This phase is typically characterized by a drop in gross domestic product (GDP) for two consecutive quarters.
a recession or depression
The period of reduced activity is often referred to as a lull. This term describes a temporary decrease in activity or a quiet period in a particular situation or context.
This period if time is known as a recession.
America
This is usually called a recession.
This is usually called a recession.
economic depression
hibernation
A period of economic growth is an economic boom
Recession! I had this for a test.
The period of time when the economy is shrinking is called a recession. During a recession, economic activity declines, leading to reduced consumer spending, rising unemployment, and lower production levels. This phase is typically characterized by a drop in gross domestic product (GDP) for two consecutive quarters.
Economic activity is rising above the point of the previous peak.