A country is in recession when its economy shrinks for two three-month periods in a row. Typically during a recession, companies make less money, pay falls and unemployment rises, leaving the government with less money in tax to use on public services. www.bbc.co.uk
A country is in recession when its economy shrinks for two three-month periods in a row. Typically during a recession, companies make less money, pay falls and unemployment rises, leaving the government with less money in tax to use on public services.
www.bbc.co.uk