Recession

From Conservapedia
This is an old revision of this page, as edited by Aschlafly (Talk | contribs) at 18:34, April 21, 2007. It may differ significantly from current revision.

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

A recession is a decrease in an economy's employment and output and the income of its citizens. Typically there is also a decline in personal and business optimism, and a decline in the rate of consumption and capital investment in business activity.