Examlex
Item 3 in the accompanying figure indicates the ____.
Recessions
Times of short-term economic downturn characterized by decreased commerce and industrial production, typically recognized by a drop in Gross Domestic Product (GDP) for two consecutive quarters.
1920s
A period of ten years marked by significant economic growth and a vibrant cultural scene in the United States, commonly known as the "Roaring Twenties."
Last Recession
The most recent period of significant decline in economic activity across the economy, lasting more than a few months.
Summer 1991
Denotes a specific time period, often remembered for significant events or developments occurring during those months of 1991.
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