Since the great recession of 2008, the phrase "the new normal" has become increasingly common. this phrase makes reference to

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Easton Combs

Business

18 September, 20:17

Since the great recession of 2008, the phrase "the new normal" has become increasingly common. this phrase makes reference to

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Elise Mcdaniel · Answer 1

The term new normal refers to a wide variety of context wherein something that was considered abnormal before has found its commonplace or sort of became a norm. It is referenced from the financial crisis during 2007-2008 and the global recession from 2008-2012.