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WordNet-Online
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Definitions from the WebRecesstionDefinition:A recesstion is a misspelled term for recession, which refers to a significant decline in economic activity over a period of time. Senses:Noun:1. A period of general economic decline, typically marked by a fall in gross domestic product (GDP), income levels, employment rates, and trade activity. 2. A time of reduced economic activity within a specific industry or geographical area. Verb:1. The act of experiencing or going through a recession. Usage:Popular:"The country was severely affected by the recesstion, with businesses closing down and unemployment rates skyrocketing." "During the recesstion, many families struggled to make ends meet." Local:"The recesstion in our town was primarily caused by the closure of the main factory, leading to job losses and economic hardship." "Local businesses were hit hard by the recesstion, resulting in many shops shutting down." Related Products:You can find books and resources related to recessions on Amazon: Recession EconomicsSurviving Recession Financial Planning in a Recession | ||||
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