what is resession
what is resession
what is resession
what is resession
The definition of a recession is .......
The definition of a recession is .......
a slow economic period where the gross domestic product declines and unemployment increases for two or more quarters, is called recession
a slow economic period where the gross domestic product declines and unemployment increases for two or more quarters, is called recession
What happens in a recession?
What happens in a recession?
a significant decline in economic activity that is spread across the economy
a significant decline in economic activity that is spread across the economy
and it lasts more than a few months
and it lasts more than a few months
Is a recession a good thing?
Is a recession a good thing?
A Recession is bad for capital as well as labor
A Recession is bad for capital as well as labor
Who benefits in a recession
1. Rental agents
1. Rental agents
2. landlords
2. landlords
property management companies have benefits in a recession?
property management companies have benefits in a recession?
Who gets hurt in a recession?
Who gets hurt in a recession?
Automotive, oil and gas, sports, real estate
Automotive, oil and gas, sports, real estate
Retail, restaurants, and hotels are the businesses that often hurt during a recession
what is GDP
GDP is the standard measure of the value of final goods and services produced by a country during a period.
GDP is the standard measure of the value of final goods and services produced by a country during a period.