Examlex
The recession that began in 2007 was due to a slowdown in economic growth.
Declining
A phase in the product life cycle where sales and profits begin to decrease as the product loses market interest or becomes obsolete.
Inflationary Economy
An economic condition characterized by a general increase in prices and fall in the purchasing value of money.
Escalates
The process of increasing or rising in intensity, magnitude, or severity.
Family Income
The combined total income earned by all members of a family, contributing to the household's total wealth.
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