Extroverts like to be around other people and generally enjoy social situations while introverts are the opposite. Previous studies have shown that people who are extroverted also tend to be more assertive, experience more positive feelings and get more out of rewards in general.
Factors that cause a recession include high interest rates, reduced consumer confidence, and reduced real wages. Effects of a recession include a slump in the stock market, an increase in unemployment, and increases in the national debt. To unlock this lesson you must be a Study.com Member.
A recession is when the economy declines significantly for at least six months. That means there's a drop in the following five economic indicators: real GDP, income, employment, manufacturing, and retail sales. People often say a recession is when the GDP growth rate is negative for two consecutive quarters or more. But a recession can quietly begin before the quarterly gross domestic product reports are out. That's why the National Bureau of Economic Research measures the other four factors. That data comes out monthly.