recessions (Meaning)
recessions
a period of significantly reduced general economic activity that is marked especially by declines in employment and production and that lasts more than a few months, the act or action of receding
Synonyms & Antonyms of recessions
FAQs About the word recessions
a period of significantly reduced general economic activity that is marked especially by declines in employment and production and that lasts more than a few mo
slumps, depressions,panics, downdrafts, slowdowns, busts, stagnations, downswings,downturns, crashes
growths,booms, developments, advancements,recoveries,progresses
Economic recessions can lead to widespread job losses and business closures.
The 2008 financial crisis triggered a severe recession in many countries.
Recessions often result in a decrease in consumer spending and investment.
Governments typically implement policies to mitigate the effects of recessions.
