Which event best describes why it is difficult to sell a home during a recession?

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Lover

Social Studies

9 August, 10:05

Which event best describes why it is difficult to sell a home during a recession?

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Michael Anderson · Answer 1

It is difficult to sell a home during a recession because maximum number of people try to cut down on their expenses as job security decreases. During the time of recession the supply of money in the hands of the people decreases and extra burden is something that people try to avoid. It is actually the time of economic decline.