Recession Definition Example Sentence
A recession ends when a decline hits bottom.
Recession definition example sentence. Hundreds of firms went bankrupt during the recession. During the recession many individuals found it difficult to pay their bills. The root cause of this recession was the bursting of one of the biggest financial bubbles in history. A period when the economy of a country is not successful and conditions for business are bad.
Recession definition the act of receding or withdrawing. And yet this monstrous recession was the truth. Example sentences with the word recession recession example sentences. Despite 11 cuts in interest rates last year the american economy is poised on the edge of a double dip recession the possibility of a double dip recession remains but if most.
A time period in which economic movement is exceptionally slow. A period of reduced production and unemployment is an example of a recession. How to use recession in a sentence. 203 120 when the economy entered recession the workhouse conditions had to be worsened more.
People were afraid to spend money during the recession because they were unsure of their ability to replace the funds. The company bellied up during the economic recession. The country was plunged into recession. Editormark commented on the word recession.
It doesn t mean the economy has recovered says the national bureau of economic research. Examples of recession in a sentence. Examples of recession in a sentence. Examples of deepening recession with increasing unemployment continuing inflation and a deepening recession the living standards of many old people remain below the state s poverty line the supplementary benefit rate appropriate to each family.
The usual process is a gradual recession to a merely vestigial state. From cambridge english corpus. The definition of a recession is a slow economic period where the gross domestic product declines and unemployment increases for two or more quarters.