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Recession
Negative Connotation![Play](https://cdn-wordup.com/WebsiteImages/DictionaryPics/BlackPlay.svg)
The term 'recession' has a negative implication, often associated with job losses and financial struggle. ![Slide](https://word-images.cdn-wordup.com/tips/Pqrq5R126RT0H5zdDL9tHJzJk.webp)
Business Cycle![Play](https://cdn-wordup.com/WebsiteImages/DictionaryPics/BlackPlay.svg)
A recession is part of the economic cycle, following a period of growth and preceding recovery. ![Slide](https://word-images.cdn-wordup.com/tips/Mxvhmbk4qDRx4QUFdkg7ubdNY.webp)
Official Criteria![Play](https://cdn-wordup.com/WebsiteImages/DictionaryPics/BlackPlay.svg)
Often defined as two consecutive quarters of negative GDP growth, which helps identify a recession. ![Slide](https://word-images.cdn-wordup.com/tips/FjvxgHpPFtumXW6FbM17uh38Cw.webp)