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. Donald Trump:

   If I had told you eight years ago that America would reverse a great recession, reboot our auto industry, and unleash the longest stretch of job creation in our history… If I had told you that we would open up a new chapter with the Cuban people, shut down Iran’s nuclear weapons program without firing a shot, and take out the mastermind of 9/11… If I had told you that we would win marriage equality, and secure the right to health insurance for another 20 million of our fellow citizens – you might have said our sights were set a little too high.

2. Ken Fenyo:

   We've seen a bifurcation in the economy, so while the wealthy have done well and continue to do well since the Great Recession, there's certainly a lot of the population that has not done as well. The dollar stores appeal strongly to that segment of the population. That's probably the overriding reason we see for the growth in the format.

3. Alan Johnson:

   Virtually all financial services industry segments, including investment banking, asset management and alternative investments are performing at record levels, this, in turn, will translate into incentive award increases we haven't seen in the industry since before the Great Recession.

4. Joanne Hsu:

   This share has only been exceeded once since 1981, during the Great Recession, overall, gas prices weighed heavily on consumers, which was no surprise given the 65-cent increase in national gas prices from last month.

5. Ben Bernanke:

   This fiscal headwind contributed to the high unemployment of the Great Recession, which peaked at 10 % in late 2009.

References

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