Laskusuhdanteiden
Laskusuhdanteiden is a Finnish term that translates to "downswing" or "recession" in English. It refers to a period of economic contraction, typically characterized by a significant decline in gross domestic product (GDP), rising unemployment, and reduced consumer spending. This economic downturn can impact various sectors, from manufacturing and services to finance and housing.
The duration and severity of a laskusuhdanne can vary considerably. Some recessions are short-lived and mild,
During a laskusuhdanne, businesses may face reduced profits, leading to layoffs and slower investment. Consumers tend