🏦 Money systems · Lesson 52
🌧️
Recessions — they're normal
They happen every few years. They always end.
The idea
Sometimes the whole economy slows down: people spend less, some lose jobs, and stocks often drop. That's a recession, and it can feel scary. But here's the key fact — every recession in US history has eventually ended. They're a normal part of the cycle, and patient investors often find good deals while everyone else is panicking. 🌧️
Words to know
- Recession
- A stretch when the economy shrinks — spending drops and unemployment usually rises.
- GDP
- The total value of everything a country produces; when it falls, the economy is slowing.
- Business cycle
- The natural pattern of the economy speeding up and slowing down over time.
- Unemployment
- The share of people who want a job but can't find one; it tends to rise in recessions.
Try it — no account needed
Order these famous US recessions from OLDEST to MOST RECENT.
Tap them in chronological order.
In the full lesson
- 1Put it in order
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