Economic recession

{
  "id": "MLC-T-AGR-002037",
  "term": "Economic recession",
  "field": "Agriculture and food",
  "definition": "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.",
  "synonyms": [
    "economic contraction",
    "economic downturn"
  ],
  "subject": "Economics, Trade, Law, Business, Industry",
  "see_also": [
    "economic outlook and situation",
    "economic depression",
    "income",
    "economic independence",
    "marketing",
    "unemployment",
    "gross domestic product",
    "gross national product"
  ],
  "references": [
    "NAL Agricultural Thesaurus and Glossary"
  ],
  "translations": {
    "es": "recesión económica"
  },
  "url": "https://mlchart.com/terminology/agriculture/economic-recession/"
}