Economic recession is when the economy, as a whole, is actually shrinking (GDP shrinks, unemployment rises, as the demand for goods and services is lessened.)The opposite of an economic recession, is economic growth.Economic growth is when the economy is expanding, jobs are being created because of increased demand or stimulated demand.
A shrinking economy results from a combination of decreasing supply of goods, demand for goods, less cash with which to buy goods, decreased savings, a lowered velocity of money, etc.
The GDP is neither growing nor shrinking.
The GDP is neither growing nor shrinking
stagnating
commnly confused with a incorrect term, the "sinking" fund, a shrinking fund is when you save money to buy something. as you save, the amount needed shrinks, and shrinks, thus, being a "shrinking"!!! magic!
One shrinks a little as it sets, one doesn't.
Economic recession is when the economy, as a whole, is actually shrinking (GDP shrinks, unemployment rises, as the demand for goods and services is lessened.)The opposite of an economic recession, is economic growth.Economic growth is when the economy is expanding, jobs are being created because of increased demand or stimulated demand.
The GDP is neither growing nor shrinking.
A shrinking economy results from a combination of decreasing supply of goods, demand for goods, less cash with which to buy goods, decreased savings, a lowered velocity of money, etc.
The GDP is neither growing nor shrinking.
The GDP is neither growing nor shrinking.
The Jewish religion is neither growing nor shrinking. It is at a steady 14 million. The Orthodox community is growing, while the non-religious Jewish community shrinks due to low birthrate and intermarriage.
The GDP is neither growing nor shrinking
stagnating
Stagnating
Stagnating