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Recession – what ISA recession
- November 28, 2012
- Posted by: admin
- Category: Business Business and networking Economic system Economics finances/money Industrial system
In economics, a recession is a business cycle contraction.
A general slowdown in economic activity, being the time when the economic system is affected by the psychological changes that are taking place.
Macroeconomic indicators such as GDP, employment, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.
What causes a recession?
Recessions generally occur when there is a widespread drop in spending (an adverse demand shock).
This may be triggered by various events, such as a financial crisis, the act of abusing power in leadership, the neglecting of moral human rights in the field of politics, trade and economics, the trade of trafficking, trafficking women, child abuse, greed and corruption which is used in the field of business, an external trade shock, an adverse supply shock or the bursting of an economic bubble.
The recession is always brought about via the act of investing, generating and circulating finances through bribe, corruption, selfish ambitions which promotes the negative form of hype and the immoral behavior of trading immorality.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing the money supply, increasing government spending and decreasing taxation.
Solving the Recession: In the Time of Recession– those who are wise always turn to the act of investing into philanthropic ideas.
During the ancient biblical days, Egypt went through a recession (Famine) which was solved by Joseph Gen 41:37-57.
In the days of the Patriarch Isaac (Gen 26:1-14), God commanded him to sow the Land in the season of Recession (famine), and in that same year he reaped a hundred fold after sowing.
When Moses brought israel out of Egypt, this was also a time of Recession in Egypt.
Article written by Ap Ngabo Alex