WebNoun. A reversible reduction in size. (economics) A period of economic decline or negative growth. The country's economic contraction was caused by high oil prices. (biology) A shortening of a muscle when it is used. (medicine) A strong and often painful shortening of the uterine muscles prior to or during childbirth. WebJan 1, 2024 · A severe (GDP down by 10%) or prolonged (three or four years) recession is referred to as an economic depression, although some argue that their causes and cures can be different. As an informal shorthand, economists sometimes refer to different recession shapes, such as V-shaped, U-shaped, L-shaped, and W-shaped recessions.
What Actually Happens During An Economic Recession And What …
WebA period of low economic activity and rising unemployment Economic depression Political philosophy that emphasizes the need for a strong central government led by a dictatorial … WebApr 29, 2024 · The economy was able to pull out of the 2001 recession on the strength of the housing sector, which experienced growth even during the recession thanks to low … interstage tomcat バージョン
Lost Decades - Wikipedia
WebAug 5, 2024 · Cassidy has a point: If you do a Google search for the definition of the word “recession,” the top dictionary result calls it “a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.” WebThe US economy contracted 3.5 percent on an annual basis in 2024, the largest contraction for any full year since the demobilization from World War II in 1946. The large decline in annual GDP reflects the very low amount of economic activity that took place in the second quarter. With the relatively rapid rebound in the second half of the year, the economy was … WebLost Decades. The Lost Decade (失われた10年, Ushinawareta Jūnen) was a period of economic stagnation in Japan caused by the asset price bubble 's collapse in late 1991. The term originally referred to the 1990s, [1] but the 2000s ( Lost 20 Years, 失われた20年) [2] and the 2010s ( Lost 30 Years, 失われた30年) [3] [4] [5] have ... interstage traffic director