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Review:

Economic Recession

overall review score: 2.5
score is between 0 and 5
An economic recession is a period of economic decline characterized by a decrease in GDP, employment, consumer spending, and investment. It often leads to increased unemployment rates and financial instability.

Key Features

  • Decrease in GDP
  • Unemployment
  • Decrease in consumer spending
  • Financial instability

Pros

    No pros listed

Cons

  • Increased unemployment
  • Financial hardship for individuals and businesses
  • Uncertainty in the market

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Last updated: Sat, Feb 1, 2025, 08:53:50 PM UTC