asked 52.5k views
7 votes
An economic downturn; a difficult time for businesses and consumers is known as a ___.

asked
User Maviles
by
8.3k points

2 Answers

4 votes

Answer:

An economic downturn; a difficult time for businesses and consumers is known as a recession.

Step-by-step explanation:

answered
User ElasticThoughts
by
7.8k points
11 votes

Answer:

recession

Explanation: definition: period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters

answered
User Qpingu
by
8.1k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.