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Definition: A period in which the economy is in an overall decline. The technical definition is at least 2 quarters of negative growth in GDP.
TeenAnalyst Advice: Recessions are never fun to go through. These are periods of rising unemployment and falling stock prices. However, they're part of normal business cycles and the economy always comes out of them.
The government can take steps to improve the economy by lowering interest rates, which makes people want to spend more.
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Spend Less Than You Earn
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