Recession in Tagalog

What is the translation of word Recession in Tagalog/Filipino ?

Meaning of   Recession in Tagalog is : urong

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Defenition of word Recession

  • a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
  • the action of receding; motion away from an observer.

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Other meanings of Recession

Examples

Economic recessions are predominantly the result of insufficient demand.