Economic Recession and What it Can do to You
A country's economy operates in a cycle. Sometimes you are up and sometimes you are down below. An economic recession is the low part of that cycle. People do not notice that it is happening before because government was swift to act on it and its policies and clout were able to stabilize the country's economy before much damage is done. However, recently, the efforts of the government and their policies were not enough to stop the downward spiral of the country's economy.
Road Sign Ahead: Signs of Economic Recession
An economic recession is defined by a negative growth in gross domestic product for two consecutive quarters. In other words, the gross domestic products are decreasing in production. Recession is a national or world even regional event.
Collateral Damage: Suicide and Economic Recession
Economic recession and depressions are well known to bring about depression and suicidal risks. There are stories of businessmen jumping out of windows following the stock-market crash of 1929.