Apedia

Recession Slowdown Economic Activity Period Time Things Decline

Front Recession
Back A slowdown in economic activity over a period of time. During one of these periods all of the following things decline: Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes, business profits and inflation. Meanwhile bankruptcies and the unemployment rate rise.

Learn with these flashcards. Click next, previous, or up to navigate to more flashcards for this subject.

Next card: Radical favoring drastic political economic social reforms

Previous card: Religious sectarian devoted sect referring involvement politics

Up to card list: AP World History Original Ultimate Set from Quizlet