Economic Recession [2008 Recession and Government Actions]

Play Free Games On RosiMosi
  • Math

  • High School

  • 12th grade

  • Calculus and Advanced Math Concepts

  • English

Author's Instructions

Recession is a phase in the economic cycle characterized by rising unemployment rates and weak consumer demand. During this period, the government and central bank adopt expansionary policies to restore economic growth, which has corrective effects on markets. Consequently, demand for safe-haven assets increases.