+A **recession** marks a significant, widespread decline in [economic activity](/wiki/economy) spanning more than a few months. It is typically characterized by a fall in [growth](/wiki/growth), increased unemployment, and reduced production. This period of contraction can lead to hardship before a return to expansion.
+## See also
+- [Depression](/wiki/depression)
+- [Inflation](/wiki/inflation)
+- [Unemployment](/wiki/unemployment)
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