4 sentences with 'recession'

Example sentences and phrases with the word recession and other words derived from it.

Brief definition: recession

A period when a country’s economy shrinks, businesses earn less, people lose jobs, and spending decreases.


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« However, the boom suddenly gave way to recession in the summer of 1920. »
« And while the rest of Europe is worried about the recession, Catalonia is booming. »
« In addition, he has to deal with rising unemployment, a deepening recession, a growing demand to fundamentally reform the local tax system, following the abolition of the controversial "poll tax". »
« Market economies involve fluctuating prices for labour, raw materials and consumer goods, and depend on credit and financial instruments; any one of these can be the source of imbalance and economic recession in which companies and farmers default, wage earners lose their jobs and investors lose their assets. »

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