utilizes a free mission system that allows players to align their forces with either the french or english on a battle by battle basis giving unparalleled freedom that allows players to take on different assignments or simply experience a given battle from an opposing side
A recession is defined to be a period of two quarters of negative GDP growth. Thus: a recession is a national or world event, by definition.
Related Terms. Period of general economic decline, defined usually as a contraction in the GDP for six months (two consecutive quarters) or longer. Marked by high unemployment, stagnant wages, and fall in retail sales, a recession generally does not last longer than one year and is much milder than a depression. Although recessions are considered a normal part of a capitalist economy, there is no unanimity of economists on its causes.