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.(

Answer 1

The causes of a recession can be complex and can vary from country to country, but some common factors include a decrease in consumer spending, a decline in business investments, tightening of credit markets, and a decrease in international trade. After a recession has ended, a country's output usually starts to recover, with increased production and economic activity. Prices may also start to stabilize or even increase as demand picks up and the economy bounces back. However, the overall impact and timing of recovery can vary depending on the severity and duration of the recession.