Definition of Stagnation:
Stagnation is a prolonged period of little or no growth in an economy. Economic growth of less than 2 to 3% annually is considered stagnation, and it is highlighted by periods of high unemployment and involuntary part-time employment. Stagnation can occur on a macroeconomic scale or a smaller scale in specific industries or companies. Stagnation can occur as a temporary condition, such as a growth recession or temporary economic shock, or as part of a long-term structural condition of the economy.
Stage in an economic cycle in which little (1 percent or less) or no growth or decline occurs.
Stagnation is a situation that occurs within an economy when total output is either declining, flat, or growing slowly. Consistent unemployment is also a characteristic of a stagnant economy. Stagnation results in flat job growth, no wage increases, and an absence of stock market booms or highs. Economic stagnation can occur due to a number of causes.
The state of not flowing or moving.
How to use Stagnation in a sentence?
- Stagnation often involves substantial unemployment and under employment, as well as an economy that is generally performing below its potential.
- Periods of stagnation can be short lived or long lasting, and can result a range of economic and social factors.
- Stagnation is a condition of slow or flat growth in an economy.
- Blocked drains resulting in water stagnation.
Meaning of Stagnation & Stagnation Definition