Recession Explained

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Recession. GDP. Contraction. Stagnation. What does it really mean? Here’s an explainer.

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Nice and quick explanations of recession, stagnation and contraction. Just what I was looking for. Thanks

idfkhaha
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What a clear explanation. Thanks for the bonus 😉👌; Tchnical Recession, Contraction, and Stagnation

AmuhAje
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When an average person hears the word "recession" they know that means wages are going down and the cost of living is going up.
When a wealthy person here's the word "recession" they know it's time to drop wages and raise prices.
The problem is not that the gross domestic product is less, rather it is that domestically the product is gross.

oicub
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My question though is how does a recession start, like in 2007-08? I'd be very grateful if someone answered this.

chrish
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I dont like the way she turned it at the end!

jessemnmehe
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Nice.... But I can't understand.... Bcz u r explaining quick and fluently English like a foreigner so I can't able that what u r saying or not

sanayagupta