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COGNITIVE ASSESSMENT What is a sending device?
Hyperinflation
An extremely high and typically accelerating rate of inflation, often exceeding 50% per month, leading to a rapid erosion of the real value of the local currency.
Recession
A significant decline in economic activity across the economy, lasting for months or years, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Prosperous
Characterized by financial success and good fortune; denoting a state of economic well-being and growth.
Housewife
A term traditionally used for a woman who manages the household's daily operations and is not employed outside the home.
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