concept   recession
8 commonsense assertions
Cultures (8) • United States (1) • Western countries (1) • China (1) • Germany (1) • Japan (1) • Agricultural economies (1) • Asian countries (1) • European countries (1)
# Concept Culture Statement Freq.
1 recession United States A recession in the United States results in decreased consumer spending, job insecurity, and an economic downturn. 5
2 recession Western countries Recession in Western countries is characterized by a decrease in consumer spending, layoffs, and reduced business activity. 5
3 recession China China sees a recession as potentially impacting global supply chains but also as an opportunity for future growth. 2
4 recession Germany During a recession in Germany, prioritizing job security and financial stability takes precedence over new hiring. 2
5 recession Japan During a recession in Japan, job security and financial stability are prioritized, impacting exports and industrial production. 2
6 recession Agricultural economies Recessions in agricultural economies lead to decreased demand for agricultural products and impact rural livelihoods. 1
7 recession Asian countries Recessions in Asian countries are seen as a chance to invest for future economic growth. 1
8 recession European countries European countries are worried about job losses, economic downturn, and decreasing consumer spending due to the recession. 1