Extroverts like to be around other people and generally enjoy social situations while introverts are the opposite. Previous studies have shown that people who are extroverted also tend to be more assertive, experience more positive feelings and get more out of rewards in general.
Factors that cause a recession include high interest rates, reduced consumer confidence, and reduced real wages. Effects of a recession include a slump in the stock market, an increase in unemployment, and increases in the national debt. To unlock this lesson you must be a Study.com Member.
Timeline of the Great Recession. A recession is when a country experiences two or more quarters of contraction in their economy. GDP in the United States had averaged around 1% per quarter prior to 2007, but beginning in the fourth quarter, those numbers started to shrink.