👉 Nonprosperity is a concept in economics that refers to a situation where there has been no growth or improvement in an economy's productivity over time. This can be defined as a period of low economic output, reduced employment, and stagnant wages. Nonprosperity is often associated with economic downturns, recessions, and periods of deflation. In some cases, nonprosperity may also refer to the absence of growth or improvement in an economy's overall performance over time
