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.
The Great Recession is a term that represents the sharp decline in economic activity during the late 2000s, which is generally considered the largest downturn since the Great Depression. The term âGreat Recessionâ applies to both the U.S. recession, officially lasting from December 2007 to June 2009, and the ensuing global recession in 2009.