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Definitions from the Web

Recesssion

Definition:

Recession is a period of temporary economic decline, typically characterized by a decrease in gross domestic product (GDP), a rise in unemployment, and a general slowdown in business activity.

Parts of Speech:

• Noun

Senses and Usages:

1. Sense: Economic Decline

Example sentence: The recession in 2008 had a major impact on the global economy.

2. Sense: Unemployment

Example sentence: Many people lost their jobs during the recent recession.

3. Sense: Business Slowdown

Example sentence: The retail sector experienced a significant recession, resulting in store closures and layoffs.

Related Products:

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