Stagnation

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August 31, 2024 5 min read Definitions

Stagnation: A Situation of Minimal Change in Techniques or Income Levels

Economics Finance Economic Terms Stagnation Income Levels Economic Development Economic Cycles

Stagnation refers to a period in which there is little or no change in techniques or income levels, as opposed to development where there is progress in both areas.

August 25, 2024 3 min read Definitions

Stagnation: Period of No or Slow Economic Growth

Economics Finance Economic Growth Inflation Economic Decline Slow Growth Stagnation

Stagnation refers to a period of no or slow economic growth or even economic decline in real (inflation-adjusted) terms. Economic growth of about 1% or less per year is generally taken to constitute stagnation.