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What Is Meant by a Recession? as a Rule of Thumb

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Essay

What is meant by a recession? As a rule of thumb, when is the economy considered to be in a recession?


Definitions:

Fast (IIb) Fibers

Muscle fibers that contract quickly and powerfully but fatigue rapidly, predominantly used for explosive movements.

Skeletal Muscle

A type of striated muscle tissue which is under voluntary control, responsible for movement of the skeleton and various body parts.

Respiratory Movements

The acts of inhalation and exhalation, which bring air into and expel it from the lungs.

Digestive Tract

A series of organs responsible for the breakdown and absorption of food, extending from the mouth to the anus.

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