+An **economic recession** signifies a widespread, sustained contraction of economic activity. It often appears as falling [Gross Domestic Product](/wiki/gdp), reduced consumer demand, and rising [Unemployment](/wiki/unemployment) across the economy. Such periods can lead to significant shifts in financial markets and daily life.
+## See also
+- [Depression](/wiki/depression)
+- [Inflation](/wiki/inflation)
+- [Business Cycle](/wiki/business_cycle)
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