Essay on recession but it is unlikely there will be any quick return to the “go-go” years of the past decade 2008/2009 the current economic recession. We have been hearing the world's most popular and much hated term day in and day out since last year called the 'recession' it has infiltrated our lives and. Economic recession or simply recession is defined by investopedia (2008) as a significant decline in activity spread across the economy.
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