USA HISTORY

Detailed explanation-1: -Persistent unemployment, flat job growth, no wage increases, and an absence of stock market booms or highs are evidence of stagnation. As economies cycle through periods of recession to growth or from growth to recession, they may experience a time of stagnation.

Detailed explanation-2: -A stagnant economy is an economy experiencing very little growth or no growth at all. In a stagnant economy, nothing much changes except that individuals save money because they are nervous about the future. Several integral parts of the economy stay flat, including wages and profits.

Detailed explanation-3: -There are various causes of Stagnation in the economy. Examples include economic shocks, the aging population, low economic growth, lack of productive growth, rising unemployment, increased interest rates, etc. Stagflation is the combination of Stagnation and high inflation. The recession exhibits a shrinking economy.

Detailed explanation-4: -Stagnation is a situation wherein the inside economy and the total output is either at a receding level or developing gradually. Persistent joblessness is an additional quality of a stagnant economy.