The Recession

The term recession is a period of temporary economic decline. It tends to deal with reduction in trade and industrial activity. These are identified as a fall in GDP in 2 quarters. They are very unpredictable  and they are never consistant. They are not uncommon to the economy world, they are very familiar because the economy is always changing. One person referred to them as "chesirecat, might disappear, reappear, and change shape"(5). This period of time is when all economic is not too its standard. People tend to believe this leads to a depression, which it rarly ever does because the author said "they occur when the economys normal or recuperative mechanism fails to engage"(5).  Depressions are a period of time of economic failure, many things go wrong but recessions are usually cause by bad investments.
 The mark shifts between 2 types cycles called the bull market or the bear market. A bull market is when market activity and investments are increasing. Even during the situations like when people expect prices to be raised it is still a bull market. A bear market is simpy the opposite, during these times activity is down and stocks within the market are down. This tends to happen for a shorter period of time. One good example of a bear market is the great depression. People were loosing money because all stocks and investments had no value.