what is resession

what is resession

what is resession

what is resession

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 

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

Who benefits in a recession

1. Rental agents

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

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.