Understanding recessions / Chet'la Sebree.Call number: HB3711 S438 2020eb Material type: TextSeries: 21st-century economics (Cavendish Square Publishing LLC): Publisher: New York : Cavendish Square, 2020Edition: First edition.Description: 1 online resource (80 pages) : illustrations (chiefly color), maps.Content type: text | still image Media type: computer Carrier type: online resourceISBN: 9781502646040 (electronic book) ; 9781502646033 (library bound : alkaline paper) (Invalid ISBN) ; 9781502646026 (paperback : alkaline paper) (Invalid ISBN) Subject(s): Recessions | Business cyclesDDC classification: 338.5/42 Online resources: Available via Gale eBooks. Click here to access
Includes bibliographical references and index.
chapter 1. Defining recessions -- chapter 2. Reasons for recessions -- chapter 3. Organizations and indicators -- chapter 4. Twenty-first-century recessions -- chapter 5. Preparation and recovery.
Readers will learn about recessions and how they are a part of the normal economic cycle: peak, recession, trough, and recovery. This book explores how inflation and the imbalance of supply and demand can cause an economic downturn. Through the 21st-century example of the Great Recession, students will learn what causes these periods of economic contraction, what leads to recovery, and how to avoid severe and prolonged periods of stagnancy, also known as economic depressions.