22-01-2019
Social Studies

contestada

What is the name of the period when an economy begins to shrink

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damientran damientran

22-01-2019

The period when an economy begins to shrink is called a depression.

Hope this is helpful.

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JoshDaniel826 JoshDaniel826

02-07-2019

Answer:

The answer on Ed is recession.

Explanation:

This is because a recession occurs when the GDP is lowered for 2 quarters in a row when it only starts to shrink not to be confused with depression; which is a prolonged recession.

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