Answer:
False
Step-by-step explanation:
A recession is generally defined as a period of significant economic decline, characterized by a decrease in real gross domestic product (GDP) over a sustained period of time. While negative GDP growth is a common indicator of a recession, it is not the only factor taken into consideration. In addition to negative GDP growth, recessions are often associated with rising unemployment rates, decreased consumer spending, and a contraction in business activity. These factors collectively contribute to a slowdown in economic growth and can have a significant impact on various sectors of the economy. It's important to note that the specific definition of a recession can vary depending on the source or the organization defining it. However, the generally accepted definition includes a combination of factors, such as negative GDP growth, rising unemployment, and other economic indicators.