A Recession Is Characterized by Extremely High Unemployment, Very Low

question 58

True/False

A recession is characterized by extremely high unemployment, very low wages, minimal total disposable income, and lack of consumer confidence in the economy.

---

Definitions:

Middle Childhood

A developmental stage that typically covers the period from ages 6 to 12, focusing on the growth of cognitive, social, and emotional skills in children.

Realty

Realty refers to real estate, which includes land and any structures on it, as well as the rights to use and enjoy that land and its improvements.

Gender

Socially constructed roles, behaviors, expressions, and identities associated with being male, female, or non-binary.

Ethnicity

A social identity category that encompasses shared cultural practices, perspectives, and distinctions that set apart one group of people from another.