Recession and climate change

The value of the goods and services of most nations, their total value and output is declining. In effect, there is no economic growth at the moment – the economies of the majority of the world are in recession. Recession is the opposite of growth and a recession occurs when there are six continuous months of no economic growth. Over the whole period of human history there has been economic growth, even though from time to time there have been recessions, economies recover from recession and continue to grow.

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