Related topics: recession

Study shows how ethical brands fare in a recession

A new study from the University of East Anglia reveals why some 'eco goods' may fare better than others as a UK recession looms. The new study, published today, shows that when money gets tight, people are more likely to ...

Study shows why decentralized platforms backslide

For decentralized platforms to stay autonomous, such as cryptocurrencies, creators and proponents must overcome a range of specific challenges, according to new research from The University of Texas at Austin.

Report: Crisis resilience 'critical' to stem rising hunger

A shift towards permanent "crisis resilience" from short-term aid is crucial to mitigate increasingly frequent shocks to the global food system and tackle rising global hunger, say food policy researchers.

Economists weigh a new approach to unemployment insurance

Unemployment insurance is a lifeline for many people when work goes away. And when times get really bad in the U.S.—in recessions and during the COVID-19 pandemic—Congress has extended the duration of unemployment benefits ...

How the debt crisis of 2008-09 fueled populist politics

The economic downturn of 2008-09 has often been described as a financial-sector crisis, featuring failing banks. But it was much more than that. Many people with stagnant or dropping incomes, having borrowed to sustain their ...

page 1 from 17

Recession

In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.

Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

This text uses material from Wikipedia, licensed under CC BY-SA