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Understanding economic ebb: "decline" vs. "recession"
Anwar Kareem 30/09/2024, 08:37English.me team member
What is similar?
Both "decline" and "recession" refer to a decrease or reduction in economic activity.
What is different?
"Decline" is a general term for any reduction or decrease, while "recession" specifically refers to a prolonged period of economic decline.
Which one is more common?
Examples of usage
Decline- The company reported a decline in profits last quarter.
- There has been a decline in public transportation usage recently.
- Scientists noted a decline in the population of certain bird species.
- The country entered a recession after two consecutive quarters of negative growth.
- Recession fears have led to increased government spending to stimulate the economy.
- Many workers faced layoffs during the last recession.
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