recession
Definition
Period of general economic decline, defined usually as a contraction in the GDP for six months (two consecutive quarters) or longer. Marked by high unemployment, stagnant wages, and fall in retail sales, a recession generally does not last longer than one year and is much milder than a depression. Although recessions are considered a normal part of a capitalist economy, there is no unanimity of economists on its causes.
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recession is in the Economics, Politics, & Society subject.
recession appears in the definitions of the following terms:
liquidity trap,
inflation,
recovery period,
economic cycle,
economic growth rate,
upturn,
stock market crash,
depression,
financial crisis,
Keynesian unemployment
and
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http://www.businessdictionary.com/definition/recession.html