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An Explanation of Recession | CNBC Explains


There are concerns the next global recession may be just around the corner, so what exactly is a recession? CNBC's Tom Chitty explains. ----- Subscribe to us on YouTube: Subscribe to CNBC International TV on YouTube: Like our Facebook page: Follow us on Instagram: Follow us on Twitter: ...(read more)


BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
In basic terms, a recession can be defined as a significant decline in economic activity that is typically marked by a decrease in gross domestic product (GDP), income, employment, manufacturing and retail sales, and other indicators of economic health. A recession typically occurs when there is a widespread decline in spending and investment across an economy, which can be caused by a number of factors including but not limited to: - A sharp increase in interest rates or inflation - A financial crisis or banking crisis - A significant decline or sudden shock to the stock market or other financial markets - A major natural disaster or global health crisis, such as the COVID-19 pandemic. During a recession, businesses may struggle to maintain profits and may be forced to lay off workers or close their doors altogether. As a result, unemployment rates increase, consumer spending decreases, and overall economic growth slows. While recessions can be difficult for individuals and businesses, they often lead to changes in economic policies and regulations that can improve the overall health and stability of the economy over the long term. Additionally, recessions can create buying opportunities for investors who are able to buy stocks, real estate, and other assets at a lower price. Governments and central banks typically respond to recessions by implementing policies and programs designed to stimulate economic growth and prevent further declines. These may include cutting interest rates, increasing government spending or borrowing, and increasing aid to struggling businesses and individuals. In conclusion, a recession is a significant decline in economic activity that can have far-reaching effects on businesses, individuals, and the overall health of the economy. While they can be difficult to navigate, recessions often lead to changes and improvements that can ultimately benefit everyone in the long term. https://inflationprotection.org/an-explanation-of-recession-cnbc-explains/?feed_id=83371&_unique_id=6427b6d129584 #Inflation #Retirement #GoldIRA #Wealth #Investing #CNBC #creditcrunch #creditcrunchexplained #financialcrisis #financialcrisis2008 #howtopredictarecession #recession #recession2008 #recession2019 #recession2020 #recessioncoming #recessionexplained #recessionsession #recessionuk #tomchitty #whatisarecession #whatisarecessionfordummies #whatisarecessionineconomics #whatisarecessionlike #whatisarecessionstockmarket #RecessionNews #CNBC #creditcrunch #creditcrunchexplained #financialcrisis #financialcrisis2008 #howtopredictarecession #recession #recession2008 #recession2019 #recession2020 #recessioncoming #recessionexplained #recessionsession #recessionuk #tomchitty #whatisarecession #whatisarecessionfordummies #whatisarecessionineconomics #whatisarecessionlike #whatisarecessionstockmarket
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