look | What is recession?
From December 2007 to June 2009, the US was facing its worst economic crisis since World War II.
The stock market crashed and unemployment reached an all-time high.
This period of prolonged economic tragedy is known as the Great Depression.
Now more than a decade later, sky-high interest rates and rising inflation have many in America wondering whether the world is headed for another recession.
And experts say it’s too early to forecast a future recession, even if there are signs of an economic downturn.
Let us understand what is recession.
Screenplay and Production: Richard Kujur