• How Long Does a Recession Last? Understanding the Duration and Influential Factors

    A recession is a significant economic downturn that affects millions of people worldwide. It is a period when businesses struggle to make profits, and unemployment rates rise. In the past century, the world has witnessed several recessions, with the Great Depression of the 1930s being the most severe. A recession can have far-reaching consequences, affecting the financial well-being of individuals,…

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