Recession - a period of temporary economic decline, typically marked by a decrease in GDP for two consecutive quarters, Entrepreneur - a person who starts and operates a business, taking on financial risks in the hope of making a profit, Tariff - a tax or duty imposed on imported or exported goods, Market economy - an economic system where prices are determined by supply and demand without government intervention, Fiscal policy - the use of government spending and taxation to influence the economy, Inflation - an increase in the general price level of goods and services, GDP (Gross Domestic Product) - the total value of all goods and services produced in a country in a given time period, Supply and Demand - the relationship between the availability of a product or service and the desire for it,

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