There are five stages in a recession.
1. job loss
2. falling production
3. falling demand (occurs twice)
4. peak production
in which order do these stages occur?
4, 3, 2, 1.3
3.2.1.3.4
4.3.2.3.1
4.2, 3, 1,3
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The stages in which recession occur are 3,2,1,3,4 First the fall in demand then the fall in production the job loss occurs and then the fall in demand occurs and peak production takes place

Explanation:

The temporary period in which all the economic activities of the country fall down or when there is a downfall in the trade and the industrial activity and the fall in the GDP occurs then it is called as recession

The revenues the business and everything in the economy decreases and they begin to face a downfall and the revenue also decreases and it first starts with the fall in demand and then in production loss of job occurs and then again fall in demand occurs and finally there will be peak production

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