More specifically, recession is defined as when businesses cease to expand, the GDP diminishes for two consecutive quarters, the rate of unemployment rises and housing prices decline. Many factors contribute to an economy's fall into a recession, but the major cause is inflation. Inflation refers to a general rise in the prices of goods and services over a period of time.
HTH Chemicals. Wholesale of raw materials for the plastic industry. Holland Trading House Chemicals specialises in trading raw materials for the plastic industry. In its many years of undertaking across Europe, HTH Chemicals has built up an extensive network of relations in both Eastern and Western Europe. We deal in a selection of raw materials for a wide variety of applications.
hyacinth noun [C]. âº a pleasant-smelling âplant with a lot of âsmall âflowers that âgrow âclose together around one âthick âstem. (Definition of hyacinth from the Cambridge Advanced Learnerâs Dictionary & Thesaurus Â© Cambridge University Press).See all translations.yacinth noun [C]. âº a pleasant-smelling âplant with a lot of âsmall âflowers that âgrow âclose together around one âthick âstem. (Definition of hyacinth from the Cambridge Advanced Learnerâs Dictionary & Thesaurus Â© Cambridge University Press).