allakäike
Allakäike is a Finnish term that translates to "downswing" or "recession" and is commonly used in economic contexts. It refers to a period of economic decline characterized by a decrease in economic activity, often marked by a contraction in gross domestic product (GDP), rising unemployment, and declining consumer spending. This downturn can be triggered by a variety of factors, including financial crises, shifts in global demand, or internal economic imbalances.
The effects of an allakäike can be widespread, impacting businesses, individuals, and government finances. Businesses may
Economists and policymakers closely monitor indicators to identify the onset and severity of an allakäike. Various