What is the difference between recession and deflation?

Answer 1

recession is when you have no growth in the economy for at least 6 months and deflation is when prices in general instead of getting more expensive go down or are less expensive. When you are in a recession depending on the particular recession prices can go up down or stay the more or less the same

Answer 2

inflation is a situation when prices persistantly rise in the country on the other hand deflation is when there is excess supply of good in a country when we remove inflation then unemployment creat

Answer 3

Inflation is a steady rise in the level of prices and deflation is a steady fall in the level of prices.

Answer 4

Deflation is the decrease in the general price level. It can also be referred to as negative inflation. Disinflation is a fall in the rate of inflation (i.e., from 4% to 2%).