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Understanding Recession Cycles
Understanding Recession Cycles
Aaditya Shah
ASMOC, NMIMS
Mumbai, India
aaditya.shah793@nmims.edu.in
Anush Bhavik
ASMOC, NMIMS
Mumbai, India
anush.k263@nmims.edu.in
Guide: Ms. Vandana Bharadi
Assistant Professor
ASMSOC,NMIMS
Mumbai, India
vandana.bharadi@nmims.edu
Abstract— Recessions tend to usually occur once in every ten years. Generally, they occur due to inflation, stock market crashes and post-war effects. The objective of this paper is to understand the reasons due to which recessions occur and the awareness amongst people about it. This study also tries to understand investment behaviour and consumer buying behaviour during recessions. The paper consists of primary as well as secondary data collected. The data of 100 respondents is collected through a questionnaire to understand their knowledge about recessions and their investment and buying behaviour during the same time. The stock data of different companies belonging to various sectors during the period of the 2020 recession is taken to understand the impact recessions had on these companies and on these sectors.
Keywords — Recession, Investment, Buying Behavior, Reasons of Recessions, Impact of Recessions
