Terms Beginning With 'r'


  • January 15, 2020
  • Team Kalkine

Recession typically refers to a plunge in economic activity and is a macroeconomic term. It could also be defined as a temporary period of a decline in trade and industrial activity, typically recognised after two consecutive quarters of economic decline, and identified by a fall in GDP for two straight quarters.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK