what is reccission?how it is started

Answer Posted / sanmilan

Recession means slowing down in Economic Activities,
imbalance in supply demand Ratio beyond the barriers. Bad
Investments, War, drowning out of money into unproductive
areas, declining in GDP, Inflation, Stagnancy in Industrial
Growth…. Etc can be cited as causes for Recession. These
results to unemployment, Layoffs etc.

Is This Answer Correct ?    23 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain me the term material facts in accounting?

627


Contrast bookkeeping and accounting

616


what is the head for stock trnasfer

1685


Tell us what is a cpa?

543


Sold goods to Gasha 600 by cash

854






Define balancing in accounting?

566


what is the journal entry for gas connection taken by company for preparing tea and coffee.

1854


Explain what is gaap?

613


Knowing what you know now, walk me through what you would do differently to drive even more success?

617


In the balance sheet, where do you show tds?

631


When Tds is applicable to deduct and wht is rate for different work panel?

1484


Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.

1569


my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???

963


sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.

2881


Why company issue shares at discount as its a loss ?

2657