Key takeaways: During a global recession, the global gross domestic product contracts, and simultaneously, several global economic activities grow weak. Over the past seven decades, the whole world has observed not just one but five global recessions. The first global recession occurred in 1975, then in 1982, 1991, 2009, and most recently in 2020. Introduction The post Global Recession: What Does Recession Mean, What Causes It and How to Survive appeared first on CoinGape .
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