What happens to an economy during a recession cycle?
A. There is a general slowdown in the economy,
B. There are improvements in the employment and production rates,
C. There is high employment and rising demand,
D. There is a collapse in the economy as it moves to a new
specialization

Key Takeaways. A recession is a period of economic contraction, where businesses see less demand and begin to lose money. To cut costs and stem losses, companies begin laying off workers, generating higher levels of unemployment.

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What happens to an economy during a recession cycle? A. There is a general slowdown in the economy, B. There are improvements in the employment and production rates, C. There is high employment and rising demand, D. There is a collapse in the economy as it moves to a new specialization

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What happens to an economy during a recession cycle?
A. There is a general slowdown in the economy,
B. There are improvements in the employment and production rates,
C. There is high employment and rising demand,
D. There is a collapse in the economy as it moves to a new
specialization