economic recession
C18528
concept
An economic recession is a significant, widespread, and sustained decline in economic activity, typically marked by falling GDP, rising unemployment, reduced consumer spending, and lower business investment.
All labels observed (2)
| Label | Occurrences |
|---|---|
| economic recession canonical | 2 |
| short-term economic fluctuation | 1 |
Description generation (CDg)
The one-sentence description above was generated by prompting gpt-5.1 with the class name and this instruction.
Instruction
generate a one-sentence description for a given conceptual class. # Response Format Return only the sentence: "Description: [one-sentence description of the conceptional class]"
Input
Class: economic recession
Generated description
An economic recession is a significant, widespread, and sustained decline in economic activity, typically marked by falling GDP, rising unemployment, reduced consumer spending, and lower business investment.
Instances (3)
| Instance | Via concept surface |
|---|---|
| Recession of 1937–1938 | — |
| early 1990s recession in the United States | — |
| Kitchin cycles | short-term economic fluctuation |