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NALT Concept Space
U.S. Department of Agriculture

NALT Full

Concept information

  1. Fields of Study
  2. economics
  3. economic outlook and situation
  4. economic recession
  1. Economics, Trade, Law, Business, Industry
  2. economics
  3. economic outlook and situation
  4. economic recession

Preferred term

economic recession

Type

  • Topic

Definition

  • Information The contraction phase of the business cycle lasting for a few months to several years. A recession is generally viewed as an economic downturn that is less severe than a economic depression.

    Source: NAL Thesaurus Staff

    Type: Concept definition

Broader concept

Related concepts

Synonyms

  • economic contraction
  • economic downturn

In other languages

URI

https://lod.nal.usda.gov/nalt/138167

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RDF/XML TURTLE JSON-LD Created 10/18/10, last modified 9/22/14