What is the cause of recession?

More specifically, recession is defined as when businesses cease to expand, the GDP diminishes for two consecutive quarters, the rate of unemployment rises and housing prices decline. Many factors contribute to an economy's fall into a recession, but the major cause is inflation. read more

A recession is a significant decline in economic activity lasting more than a few months, normally visible in real GDP, income and employment. A recession is a significant decline in economic activity lasting more than a few months, normally visible in real GDP, income and employment. read more

Essay on causes of recession A recession occurs when there is a fall in economic growth for two consecutive quarters. However, if growth is very low there will be increased spare capacity and increased unemployment; people will feel there is a recession. read more

There are 11 causes of recession, ranging from high-interest rates to deflation to deregulation. Any of those could cause the next recession. There are 11 causes of recession, ranging from high-interest rates to deflation to deregulation. read more