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  • Hey, George! How was school today?
  • School was great, Thanks for asking! I learned about What recession is and How it works. But I didn't really understand?
  • Well, What don't you understand about Business Cycle?
  • What does really mean recession?
  •  A recession is when the economy declines significantly for at least six months.
  • So, You're saying that recession is when the GDP drops for a little amount of time.
  • Yes! That's what it exactly means. Now you understand what recession mean.
  • So now, How does recession happen?
  • Recession happens when a country starts to increase its products.
  • Thanks, dad! I will discuss all of these things you taught me about recession in class. 
  • As a class, we will try our best to prevent recession in our country by informing other people and more.
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