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Recession
A recession refers to a period of sustained economic downturn. They are often marred by increased unemployment, a decline in asset prices, as well as slumps in production and wages.
While no official definition of a recession exists, it is often said that a recession occurs when an economy's GDP (Gross Domestic Product), a measure of economic activity, declines for two consecutive quarters.
During the 2008 recession, the Dow Jones Industrial Average stock index lost more than half of its value. Source
Capital
Labor
Deposit Insurance
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