How can a recession see a drop in profits and a rise in poverty? Where does all the money go, if not to the businesses or people? 990 viewsJanuary 1, 2024 Question100.55K December 5, 2022 0 Comments How can a recession see a drop in profits and a rise in poverty? Where does all the money go, if not to the businesses or people? In: 6 26 Answers ActiveNewestOldest Anonymous Posted December 5, 2022 0 Comments Economies are reciprocal. My expenses are your income, and vice-versa. So a recession is a reduction of the rate of those exchanges. People spend less, and therefore they earn less. You are viewing 1 out of 26 answers, click here to view all answers. Register or Login
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