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Noun
1. recessionEconomics
Wikipedia definition
2. RecessionIn economics, a recession is a business cycle contraction, a general slowdown in economic activity. Macroeconomic indicators such as GDP, employment, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise. Recessions generally occur when there is a widespread drop in spending, often following an adverse supply shock or the bursting of an economic bubble.
Read “Recession” on English Wikipedia
Read “景気後退” on Japanese Wikipedia
Read “Recession” on DBpedia

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