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When economic activity in an economy declines it is called?
== == == ==
Which term best describes an economic slowdown?
An economic slowdown is called a recession.
What is the opposite of recession?
the answer is an economic boomin economy it is called a "boom"
What is a period of reduced economic activity called?
a recession or depression
What is it called when the economic productivity of a country slows down for a short period of time?
Economic recession
Related Questions
When economic activity in an economy declines it is called?
== == == ==
What is an economic slump called?
A recession.
Which term best describes an economic slowdown?
An economic slowdown is called a recession.
What is the opposite of recession?
the answer is an economic boomin economy it is called a "boom"
What is a period of reduced economic activity called?
a recession or depression
A period when economic activity slows and unemployment increases is called a what?
America
What is it called when the economic productivity of a country slows down for a short period of time?
Economic recession
What is the period of rising after economic conditions have been in recession called?
recovery
What is a prolonged economic contraction that is not especially long or severe called?
A recession
What is prolonged economic contraction that is not especially long or severe called?
A recession
What was the effect of president roosevelts attempt to balance the federal budget?
economic recession
What is meant by economic recession?
Recession means decrease in the employment rate, investment rate, profit rate of the economy, Idea of a downswing/downturn in a business or trade cycle. The Economic growth will be negative. If the recession period increase then this will be called depression.
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