recessziótól

Recessziótól is a Hungarian term that translates to "recession" in English. In economics, a recession is a significant, widespread, and prolonged downturn in economic activity. It is typically characterized by a decline in gross domestic product (GDP), rising unemployment, and a decrease in consumer spending and business investment. There is no single, universally agreed-upon definition, but many economists consider two consecutive quarters of negative GDP growth as a recession.

Recessions can be caused by a variety of factors, including financial crises, changes in consumer confidence, economic shocks such as oil price spikes, or a contraction in credit availability. During a recessziótól, businesses may face reduced demand for their products and services, leading to layoffs and a slowdown in production. Consumers often cut back on discretionary spending due to job insecurity and falling incomes. Governments and central banks may implement policies, such as lowering interest rates or increasing government spending, to try and mitigate the effects of a recession and stimulate economic recovery. The duration and severity of recessions can vary significantly.