Richard Coffin : What causes an economic recession?

Richard Coffin·TED-Ed
What causes an economic recession?
Summary
Recession means an economic crisis that is a decline in the gross domestic product during two or more consecutive quarters and what causes recessions?
In fact, there are countless variables that contribute to an economy’s health thus it’s difficult to pinpoint specific causes.

Simply, it's the wrong balance between SUPPLY and DEMAND so it’s a mismatch.
In the article, INFLATION is written first. Goods and services get more expensive, people can’t buy, companies use and borrow more money to sell, and all things are getting more expensive thus people can’t buy forever. The market can’t escape from its inflation. Here, if governments and central banks have better policies, for example, printing money, declining interest rates, and income upping, it might moderate.

However, not inflation but in times of economic prosperity, some recessions occur. It's because there are many goods and services because of prosperities. Companies use and borrow more money to sell, though, people can't buy or use those because it's too much. I think that this is the Japanese situation and the population is declining rapidly. It means that there are few people to buy something or use some services. Companies can’t get benefits so the recession is continuing.
Furthermore, Japanese people without me have a habit of saving and they love quite cheap places. Thus DEFLATION occurs more than inflation in Japan.

In fact, the Japanese character of the economy is written as the scenery and MIND (EMOTION) of a person. Thus a bad economy is really related to our mind. The story also says that. I think that psychology more contributes than money.
At last, the story tells us that new data of the recession will be helpful for future recessions.

I think that what people want to know must be not only about those reasons but also what they have to do. However, economists and psychologists are scholars who are not businessmen and who don't have companies. Although some successful men tell us about how to succeed in a recession, it's past things already. Those are just stories of the reference, though, I think that people believe those strongly. Those are only ASSUMPTIONS and POSSIBILITY.  I think that doing what economists and psychologists don't say is leading to successes while referencing their stories.

These are important words for understanding a recession.
SUPPLY, DEMAND, INFLATION, DEFLATION, ASSUMPTIONS, POSSIBILITY