lamaantumisesta
Lamaantuminen, or recession in English, refers to a significant, widespread, and prolonged downturn in economic activity. It is typically characterized by a decline in gross domestic product (GDP), rising unemployment, falling consumer spending, and reduced business investment. While there isn't a universally agreed-upon definition, a common rule of thumb is two consecutive quarters of negative GDP growth. However, official declarations are often made by economic bodies like the National Bureau of Economic Research in the United States, which consider a broader range of indicators.
Recessions can be triggered by various factors, including financial crises, asset bubbles bursting, sharp increases in