The word 'recession' is defined as a period of temporary economic decline during which trade and industrial activity are reduced. Which, at least for me, would be easier defined as less money, less jobs, and a whole lot of unhappy people.
But even if I do understand what a recession is, what confuses me is why and what factors push us into a recession. Through some research, I came across a few reasons that I had to break down.
Inflation: A general increase in prices and fall in the purchasing value of money.
