Economic recessions disrupt periods of economic growth, marking a downturn in overall activity. They're a normal part of the business cycle, but understanding their causes and impact empowers various stakeholders to navigate these challenging times.
Recession
Business Cycle: Understanding the Economy’s Ups & Downs [Phases and Characteristics]
The business cycle, the ever-present rhythm of economic rise and fall, is a fundamental concept for anyone seeking to understand the health of a nation's economy. This cyclical pattern, with its periods of expansion, peak, contraction, and trough,