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Recession
By:Ayush Baiswar
RECESSION-MEANING
• A RECESSION is a decline in a country’s gross domestic product(GDP)
growth for two or more consecutive quarters of a year.
• A RECESSION is also preceded by several quarters of slowing down.
• RECESSION is the results of reduction in the demand of products in the
global markets.
How to know Recession
Indicators to say when nation is in Recession:
• People buying less products.
• Decrease in factory production.
• Growing Unemployment.
• An unhealthy stock Market
CAUSES OF RECESSION
• Currency Crisis
• Energy Crisis
• War
• Under Consumption
• Overproduction
• Prices of Fuel
Major sector affected by Recession
• IT and BPO
• Banking
• Real State
• Aviation
• Textile
• Automobile
Impact of Recession on IT sector
• The impact of Recession is unpredictable. The main effect of Recession
Is in IT sector and its mainly related to:
1. Jobless
2.Unemployment

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Recession.pptx

  • 2. RECESSION-MEANING • A RECESSION is a decline in a country’s gross domestic product(GDP) growth for two or more consecutive quarters of a year. • A RECESSION is also preceded by several quarters of slowing down. • RECESSION is the results of reduction in the demand of products in the global markets.
  • 3. How to know Recession Indicators to say when nation is in Recession: • People buying less products. • Decrease in factory production. • Growing Unemployment. • An unhealthy stock Market
  • 4. CAUSES OF RECESSION • Currency Crisis • Energy Crisis • War • Under Consumption • Overproduction • Prices of Fuel
  • 5. Major sector affected by Recession • IT and BPO • Banking • Real State • Aviation • Textile • Automobile
  • 6. Impact of Recession on IT sector • The impact of Recession is unpredictable. The main effect of Recession Is in IT sector and its mainly related to: 1. Jobless 2.Unemployment