Ten Signs Economic Recession Still Dwells in Nigeria
Economic recession as caused by either internal or external factors usually comes with many acquaintances that make it dwell longer than anticipated in any country. From a realistic point of view, there are several predictors or signs that showcase the presence of economic recession in a nation. These signs may/may not be easily noticed for a layman but he/she could make a proper distinction between the prior experience and the days of economic recession. This in itself makes it imperative to say layman feels the effect of economic recession without knowing what to attribute it to while the economic practitioners that are concerned with the happenings in any society would see the signs as a confirmatory effect of the economic recession. Significantly, the signs are highlighted below for further discussion; Fluctuation in prices of goods and services. Fluctuation in exchange rates per minute. Loss of monetary value. High cost of living. Low standard of living as a result of...