A severe recession is a depression,a period in which prices fall but there is little demand because few people have money to spend and many are out of work.This condition is part of ________.

Question

Quizplus · Accepted Answer

The business cycle refers to the natural rise and fall of economic activity over time, including periods of economic growth and recession. A severe recession, which is described in the question, is a part of the business cycle.

A Severe Recession Is a Depression,a Period in Which Prices