More recently, hybrid car-makers have had programs to take back and safely dispose of used or damaged high-voltage battery packs for 15 years. Those nickel-metal-hydride cells contain precious metals with a known recycling value.
The term secular stagnation was originally coined by Alvin Hansen in 1938 to describe what he feared was the fate of the American economy following the Great Depression of the early 1930s: a check to economic progress as investment opportunities were stunted by the closing of the frontier and the collapse of immigration.
An inactive state resembling deep sleep in which certain animals living in cold climates pass the winter. In hibernation, the body temperature is lowered and breathing and heart rates slow down. Hibernation protects the animal from cold and reduces the need for food during the season when food is scarce. Compare estivation.