Recession Definition Webster Dictionary

Recession the state of the economy declines.

Recession definition webster dictionary. The act or action of receding. The definition of a recession is a slow economic period where the gross domestic product declines and unemployment increases for two or more quarters. A recession is a decline in economic activity that lasts for two quarters or a year. Definition of recession written for english language learners from the merriam webster learner s dictionary with audio pronunciations usage examples and count noncount noun labels.

Countries with the lowest debt and holding the most foreign debt with the best labor force will be the ones to emerge out of the global recession the fastest. Recession definition the act of receding or withdrawing. A period of reduced production and unemployment is an example of a recession. Prerecession definition is existing or occurring before an economic recession.

How to use prerecession in a sentence. Boom advance advancement find the right word. How to use recession in a sentence. Recession a small concavity.

A widespread decline in the gdp and employment and trade lasting from six months to a year 2. A worldwide financial panic was followed by the most serious recession since the great depression. Recession definition is the act or action of receding. Depression slump pullback antonyms.