| Topic : When will recession end? |
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Activity:
Question posted: 02 25 2010 20:36:31 +0000,
3 answers, 272 views, last activity
07 06 2010 20:18:08 +0000
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3 Answers for "what is recession?"
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Answered by
Kashif Billal, Training & Induction Manager, H&M Hennes & Mauritz
| 03 02 2010 08:01:58 +0000
Not Rated
According to http://www.wikipedia.com
In economics, a recession is a business cycle contraction, a general slowdown in economic activity over a period of time.[1][2] 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, business profits and inflation all fall during recessions; while bankruptcies and the unemployment rate rise.
Answered by
Pratap Inamdar, New Market development, a leading Textile manufacturer
| 03 02 2010 07:02:02 +0000
Not Rated
Recession would be when you dont meet your targets and hence dont earn the incentive :-)
Answer modified by
Kumara Swamy, Project Associate, IIIT-H
| 02 26 2010 06:35:31 +0000
Not Rated
The dictionary meaning is "the act of receding or withdrawing". If the question is related to financial recession, please follow the link "http://www.slate.com/id/2245328/".
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