Answer / Ranjan Kishore

Recession refers to a significant decline in economic activity lasting more than a few months, typically defined as two consecutive quarters of negative GDP growth. The current recession, known as the Great Recession (2007-2009), was primarily caused by a financial crisis stemming from subprime mortgage lending and complex financial instruments like collateralized debt obligations (CDOs) and mortgage-backed securities (MBS).

Tell me about yourself in variety way

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