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  2. An economic downturn is characterized by12345:
    • A significant slowdown in economic activity.
    • Negative Gross Domestic Product (GDP).
    • Falling stock, property, and commodity values.
    • Declining productivity.
    • A period lasting for several months.
    Learn more:
    Definition and Examples An economic downturn, or a downturn, occurs when the value of stocks, property, and commodities fall, productivity either grows more slowly or declines, and GDP (gross domestic product) shrinks, stands still or expands more slowly.
    marketbusinessnews.com/financial-glossary/econo…
    An economic downturn is a significant slowdown in economic activity. It’s characterized by a negative Gross Domestic Product (GDP), which measures the total value of goods and services produced in a country. This decline typically lasts for several months and can impact various economic indicators.
    penpoin.com/economic-downturn/
    An economic downturn or recession is “a significant decline in economic activity spread across the economy, lasting more than a few months. 1 ” Economies can slow down within a nation, a specific region or on a global scale.
    reference.nlb.gov.sg/guides/business/global-econo…
    A recession is a significant, widespread, and prolonged downturn in economic activity. A common rule of thumb is that two consecutive quarters of negative gross domestic product (GDP) growth indicate a recession. However, more complex formulas are also used to determine recessions.
    www.investopedia.com/terms/r/recession.asp
    A recession is a significant decline in economic activity that lasts for months or even years. Experts declare a recession when a nation’s economy experiences negative gross domestic product (GDP), rising levels of unemployment, falling retail sales, and contracting measures of income and manufacturing for an extended period of time.
    www.forbes.com/advisor/investing/what-is-a-recess…
     
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