Filter by Categories
Accounting
Banking

Economics




Economic Stagnation


A prolonged period of slow economic growth, which is also accompanied by high unemployment rates. In general, it characterizes a state of lack or very low level of activity, growth, or development. It is also defined as a protracted period during which an economy experiences low growth and high unemployment.

An economy in stagnation features a real economic growth that does not exceed 2% on an annual basis. Indicators of stagnation include a decrease in gross domestic output (GDP), an increase in unemployment, falling wages, lower creation of new jobs, etc.

Weaker economies usually fall into a state of economic stagnation when it experiences a prolonged sluggish growth (for periods as long as 10 or 20 years), or on emergence from a hard-hitting financial crisis, and so on.



ABC
This section covers a wide-ranging array of terms and concepts, among others, in the area of economics and broadly the economy, both ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*