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Showing posts from January, 2023

Recession | What is The Recession ? | Why do It occurs? | Ways To Prevent Recessions.

1. What is the Recession ? A Recession is a period when the business and industry of a country are not successful A recession is  defined as the declining economic growth of companies or organizations or the Country or sometimes the whole globe. A recession is a significant decline in economic activity that lasts for months or even years. Recession causes unemployment, falling retail sales, and falling of shares and stockholders for a certain period.  Recessions are considered an Inevitable part of business and organizations, during this period Whole economy Struggles, Some Recessions occurs for cost cuttings and tax Savings, generally, it is done once every 6-7 years. As per Some Sources, the Recession in Financial Year 2023 is Inevitable. In the early stage of 2023, Many Tech Giants laid off Thousands of Employees Even Employees having more than 15 plus years of Experience are laid off by big Tech giants like Google, Microsoft, Twitter, Facebook, Amazon, Salesforce, any man...