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Recession of 1953

Index Recession of 1953

In the United States the Recession of 1953 began in the second quarter of 1953 and lasted until the first quarter of 1954. [1]

13 relations: Aggregate demand, American Finance Association, Harry S. Truman, Inflation, JSTOR, Korean War, Lists of recessions, Monetary policy, National security, Office of Management and Budget, Recession, Recession shapes, The Journal of Finance.

Aggregate demand

In macroeconomics, aggregate demand (AD) or domestic final demand (DFD) is the total demand for final goods and services in an economy at a given time.

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American Finance Association

The American Finance Association (AFA) is an academic organization whose focus is the study and promotion of knowledge of financial economics.

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Harry S. Truman

Harry S. Truman (May 8, 1884 – December 26, 1972) was an American statesman who served as the 33rd President of the United States (1945–1953), taking office upon the death of Franklin D. Roosevelt.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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JSTOR

JSTOR (short for Journal Storage) is a digital library founded in 1995.

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Korean War

The Korean War (in South Korean, "Korean War"; in North Korean, "Fatherland: Liberation War"; 25 June 1950 – 27 July 1953) was a war between North Korea (with the support of China and the Soviet Union) and South Korea (with the principal support of the United States).

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Lists of recessions

The following articles contain lists of recessions.

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Monetary policy

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

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National security

National security refers to the security of a nation state, including its citizens, economy, and institutions, and is regarded as a duty of government.

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Office of Management and Budget

The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP).

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Recession

In economics, a recession is a business cycle contraction which results in a general slowdown in economic activity.

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Recession shapes

Recession shapes are used by economists to describe different types of recessions.

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The Journal of Finance

The Journal of Finance is a peer-reviewed academic journal published by Wiley-Blackwell on behalf of the American Finance Association.

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Redirects here:

1953 Recession, 1953 recession, Post-Korean War Recession, Recession of 1953-1954, The Recession of 1953.

References

[1] https://en.wikipedia.org/wiki/Recession_of_1953

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