Outrageously Funny Word Dictionary :: Recessions

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What is the definition of recessions? 🙋

👉 Recessions are periods of economic downturn or decline in which the economy experiences a significant decrease in output, employment, and/or growth. They can be caused by various factors such as recessionary policies, changes in consumer spending habits, decreased demand from consumers for goods and services, and increased competition among businesses. The term "recession" is often used to describe these economic conditions because they are characterized by a period of economic decline or stagnation that lasts for several months or even years.


recessions

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