302 recessions, depressions, causes, protections
Dev Raga Personal Finance
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What Is a Recession?
A recession is defined as weak outputs and rising unemployment rates. Most advanced economies have a recession every seven to ten years. Australia has not had a recession for 29 years, one of the longest periods of economic growth in the world. We're sitting at $1.5 trillion nominally in the world's 13th richest country - but this doesn't tell the whole story.
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