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Federal Reserve Bank of Minneapolis: There's No Such Thing as a Good Recession

Curated by ACT

This article from the Federal Reserve Bank of Minneapolis discusses how a recession effects the economy. It goes into great detail on why a recession can never be a good thing. (Published Sept. 1, 1989)

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Concepts
employment, inflation
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Additional Tags
economic recession, stock market crash, federal reserve bank of minneapolis: there's no such thing as a good recession, recession, market crash, recession impact
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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)