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A recession is when the economic activity slows and people start losing their jobs and/or companies slow their hiring.
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Define recession in the economy?
Recession means the period of reduction in trade and commerce in the economy.
When economic activity in an economy declines it is called?
== == == ==
Why the recession in us economy affecting the world economy?
many events
How Is the US Economy Doing?
right now 2009 the us economy is in a recession, but could in a depression later on in the future if we are in a recession for too long.
What are downturns in the economy called?
Recession or a Depression
Define recession in the economy?
Recession means the period of reduction in trade and commerce in the economy.
When economic activity in an economy declines it is called?
== == == ==
Why the recession in us economy affecting the world economy?
many events
How Is the US Economy Doing?
right now 2009 the us economy is in a recession, but could in a depression later on in the future if we are in a recession for too long.
What are downturns in the economy called?
Recession or a Depression
Was Japan's economy in recession in 2003?
Yes
If there's a recession in the us economy do it influence the economy's of Asia?
potatoes are round
What is an acceptable unemployment rate?
5.4% when the economy is good. 9.5% when the economy is in a recession.
Explain why tax revenue changes when the economy goes into a recession?
Tax revenue changes when the economy goes into a recession. When there is a recession, the government increases tax revenue. The government does this because less people are spending money.
What is the economy in Bulgaria like as of 2010?
Economy is shrinked a little because of the Economic recession worldwide
How much did US imports shrink due to the recession of 1858?
On a national basis the recession of 1858 effected many aspects of the US economy. As one example, imports decreased by 25%. With the economy in recession, money to purchase imports went down.
How do you spell resation?
If you mean a lull in an economy, it is spelled recession.
