| recession |
A mild decline in stock prices, business activity and employment for two consecutive quarters (six months).
출처: www.edwardjones.com/cgi/getHTML.cgi
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| recession |
The contracting phase of the business cycle, when output declines and unemployment increases.
출처: www.economicadventure.org/teachers/glossary_pope.c...
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| recession |
technically defined as at least two consecutive quarters when the economy shrinks or fails to grow.
출처: www.tdwaterhouse.ca/pcs/pic/glossary.jsp
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| recession |
A cyclical downward movement in the economy involving at least two consecutive quarters of a decline in the real (inflation-adjusted) Gross National Product (GNP). A recession can also be used to describe a sustained period of depressed economic conditions for an individual industry, such as agriculture.
출처: www.ca.uky.edu/agc/pubs/aec/aec75/aec75.htm
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| recession |
When demand in the economy decreases, prices of goods and services also decrease, resulting in a slowdown of the economy. When this slowdown becomes a long-term decline, this is known as a depression.
출처: www.smithbarney.com/yin/he_dictionary.htm
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