Recessions, also known as economic downturns, are a natural part of the business cycle. They are defined as a period of negative economic growth, typically measured by a decline in gross domestic product (GDP)...
Recession is a period of economic decline that is characterized by a decrease in GDP (gross domestic product) for two consecutive quarters, a decline in investment and consumer spending, and an increase in unemployment....
The 2008 financial crisis, also known as the subprime mortgage crisis, was a severe economic downturn that began in the United States and quickly spread to the rest of the world. The crisis was...