Definitions for great recession
great reces·sion

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1. Great Recession

   The Great Recession was a period of general economic decline (recession) observed in world markets during the late 2000s and early 2010s. The scale and timing of the recession varied from country to country (see map). The International Monetary Fund (IMF) has concluded that it was the most severe economic and financial meltdown since the Great Depression and it is often regarded as the second-worst downturn of all time.The Great Recession stemmed from the collapse of the United States real estate market in relation to the financial crisis of 2007–2008 and the subprime mortgage crisis, though policies of other nations contributed as well. According to the nonprofit National Bureau of Economic Research, the recession in the U.S. began in December 2007 and ended in June 2009, thus extending over 19 months. The Great Recession resulted in a scarcity of valuable assets in the market economy and the collapse of the financial sector (banks) in the world economy; some banks were bailed out by the U.S. federal government.The recession was not felt equally around the world; whereas most of the world's developed economies, particularly in North America, South America and Europe, fell into a definitive recession, many more recently developed economies suffered far less impact, particularly China, India and Poland, whose economies grew substantially during this period.

How to pronounce great recession?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say great recession in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of great recession in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of great recession in Pythagorean Numerology is: 5

Examples of great recession in a Sentence

1. Hillary Clinton:

   I understand why people get angry. They're angry about the Great Recession, which so knocked everybody flat. They're angry about the failures of, you know, our government and the powerful interests -- it's not only Wall Street, it's the gun lobby, the prescription drug lobby, the insurance lobby and so many others. Let's talk about big oil, i understand that.

2. Aneta Markowska:

   In some ways this is an even hotter housing market than before the Great Recession, but the risk of this turning into a bubble is much lower.

3. Janet Yellen:

   We never had anything so large even during the Great Recession. We need to make sure people have jobs, if they don’t have jobs, that they’re supported.

4. Hillary Clinton on Tuesday:

   I want to figure out how we can do that with Republicans. We need to get that dog and follow them around and every time they say these things like, 'Oh, the Great Recession was caused by too much regulation,' arh, arh, arh, arh.

5. Hillary Clinton:

   Some are new to politics completely. They’re children of the Great Recession. And they are living in their parents’ basement, they feel they got their education and the jobs that are available to them are not at all what they envisioned for themselves. And they don’t see much of a future.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Great_Recession