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How Is a Recession "Officially" Determined

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How is a recession "officially" determined?


Definitions:

Split Labour Market

A theory describing how workforces are divided along racial, ethnic, or gender lines, leading to conflict and inequality within the labor market.

Scapegoating

The practice of unfairly blaming an individual or group for problems or negative outcomes, often to divert attention from the true causes.

Chinese Immigrants

Individuals from China who relocate to another country, bringing their cultural, social, and economic contributions to their new communities.

Racial Policies

Strategies and regulations implemented by governments or organizations that impact individuals based on their race, affecting equality and social structures.

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