EFFECT OF ECONOMIC RECESSION ON THE GROWTH OF CONSTRUCTION FIRMS IN ABUJA, NIGERIA
ABSTRACT Economic recession occurs when “economic activity declines, in other words, growth become negative “and it is associated with low- level consumer spending. A recession also known as go-slow in terms of Gross Domestic Product (GDP) or national outputs has led to increase in unemployment, a decrease in wages, a high level of inequality, and an increase in government borrowing. Fall of Nigerian currency, so much reliance on oil, and ...
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