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.
Definition: A recession is a period of falling economic activity spread across the economy, lasting more than a few months.. That's the official definition from the National Bureau of Economic Research (NBER). The NBER is the private non-profit that announces when recessions start and stop. It is the national source for measuring the stages of the business cycle. The NBER measures five factors to define when a recession is occurring.