What exactly is a recession? How do economic recessions happen? Recessions are periods of time during which an economy’s GDP shrinks. Recessions are generally caused by a shock to the system (e.g.the bursting of the stock market or real estate bubbles, a steep rise in oil prices). Often a combination of causes leads to recession. In this article, we’ll discuss the measures governments take to recover from a recession and make the economy self-sustaining again.
How Economies Can Recover From a Recession
