Reession

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  • Recession Cause
  • Loss of business and consumer confidence.
  • Another factor is increased inflation. Inflation refers to a general rise in the prices of goods and services over a period of time.
  • High interest rates are a cause of recession because they limit liquidity, or the amount of money available to invest.
  • Recession Effect
  • suffer in the current downturn, and the effects will be long-lived.
  • Retail demand will make it stable in this economic activity.
  • higher unemployment, lower wages and incomes, and lost opportunities more generally.
  • Fall in GDP
  • Recession Impact
  • Education, private capital investments, and economic opportunity are all likely to suffer in the current downturn, and the effects will be long-lived.
  • Two Consecutive quarters of negative growth.
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