The effect of the recession from 2007 to 2009 on government regulations. Introduction: Recession: Recession refers to a decline in the GDP of an economy. In this particular situation, production by companies and the purchasing power of consumers decline. The growth of the economy also tends to decline during recession.

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To explain:The effect of the recession from 2007 to 2009 on government regulations.

Introduction:

Recession:

Recession refers to a decline in the GDP of an economy. In this particular situation, production by companies and the purchasing power of consumers decline. The growth of the economy also tends to decline during recession.

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