Economic periods known as recessions are generally marked by

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Recessions are characterized by a decrease in economic activity, which results in reduced demand for goods and services, ultimately leading to high rates of unemployment. This is often accompanied by a decrease in consumer confidence, which further exacerbates the decrease in demand. High prices on goods and low rates of unemployment are typically associated with periods of strong economic growth, which are the opposite of recessions.

Economic Periods Known as Recessions Are Generally Marked by