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Recession
hideIn economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
For more information about Recession, read the full article at
Wikipedia.
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News tagged with recession
Callers of all incomes ditching landlines for cell
Dec 16, 2009 |
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(AP) -- The number of households with cell phones but no landlines continues to grow, but the recession doesn't seem to be forcing poor cellular users to abandon their traditional wired phones any faster than higher-income ...
Government overseas aid is no bar to individual giving
Dec 13, 2009 |
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Overseas development charities are highly dependent on donations from individuals. In this new study, researchers from the Universities of Southampton, Oxford and Cass Business School examined how the level of donations to ...
Comcast: No plans to sell fourth-place NBC network
Dec 07, 2009 |
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(AP) -- Comcast executives say they have no plans to sell NBC Universal's broadcast TV business when they take control of the company.
Drug industry embraces new business strategies after tough year
Dec 09, 2009 |
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As they pop the champagne corks to celebrate New Year's Eve, drug industry executives will likely be glad to put 2009 behind them. That's because pharmaceutical companies who make top-selling drugs for heart ...
Sociologist: Tiger Woods' Example Neither Reflects Nor Threatens the Image of Marriage
Other Sciences / Social Sciences
Dec 18, 2009 |
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(PhysOrg.com) -- University at Buffalo sociologist Sampson Blair says Tiger Woods' alleged rampant infidelities don't affect the status of marriage and the family because his lifestyle and wealth are regarded by most Americans ...
