Concept information
Preferred term
deflation
Definition
- A general decrease in the prices of goods in a nation's economy. Deflation often goes hand in hand with economic recession or depression. [Source: The SAGE Glossary of the Social and Behavioral Sciences; Deflation]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-G7PC0J0M-R
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