What are the causes of a recession? What happens to a county's output and prices after a recession has ended? Write 3-5 sentences. full sentences
1 answer
A recession can be caused by a variety of factors including a drop in consumer spending, a decrease in business investments, high levels of debt, or external shocks like natural disasters or geopolitical events. After a recession has ended, a country's output typically begins to increase as businesses start to invest again and consumer confidence grows. Prices may also begin to rise as demand for goods and services increases, signaling a return to economic growth.