Home Business & FinancePersonal Finance Subscribe to RSS
 

Is Decreased Business Activity Known As Recession?

Need to know what recession is

Answer Question

1 Answer - Sort by: Date | Rating

    Yes, decreased business activity or negative economic growth is called as recession. The standard definition is a decline in the Gross Domestic Product (GDP) for two or more consecutive quarters.

    For more info >>> en.wikipedia.org
    1 3
    Guest

    Guest 

    answered 2 years ago

    Thank You!
    Report
    Lovejenny

    Lovejenny

    commented 2 years ago

      Answer Question - Answers are editable for 5 min.

      If you do not Sign-in or Register your answers will be anonymous,

      your answers may also be checked before going online.

      More

      More

       
       

      Ask a Question via Twitter

      Send a question to @askblurtit and we will publish it online and send you a reply everytime you receive an answer.

      Blurtit Store

      Get T-shirts, hoodies, caps and more at the Blurtit store

      Blurtit International