WHAT is recession?
WHAT is recession?
Recession arises when a country's economic activity declines, leading to a decrease in its gross domestic product (GDP).
A country's GDP is the total expenditure for all goods and services produced in a country at a stipulated period.
Signs of recession include high unemployment, decline in consumer spending, declining corporate profits and low private/public investment.
The nett result is that business does not make enough money to invest in new jobs.
Fewer jobs in recession period
WHAT is recession?
WHAT is recession?
Recession arises when a country's economic activity declines, leading to a decrease in its gross domestic product (GDP).
A country's GDP is the total expenditure for all goods and services produced in a country at a stipulated period.
Signs of recession include high unemployment, decline in consumer spending, declining corporate profits and low private/public investment.
The nett result is that business does not make enough money to invest in new jobs.
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