What is recession and easy way to survive recession 2020
In this blog author wants to tell about recession and how to survive. Recession is a Golden egg for a successful investor's. So it's your choice to read this or not. I'd not then you will definitely miss some valuable information. What is Recession or downswing? It is one part of business cycle. There are 4 phase in business cycle Shown in the above figure What is business cycle then? The fluctuations in aggregate economic activity that an economy experience over a period of time are called business cycles or trade cycles. A noteworthy characteristics of these economic fluctuations is that, they are recurrent and occur periodically. It has been observed that some business cycles have been long, lasting for several years while others have been short ending in two to three years. Now let's talk about recession and how to identify it? The economy cannot continue to grow endlessly. During recession