The impact of economic recession on company activities

Abstract

Negative consequences of economic fluctuations and economic downturns influence the significance of research in this area. Results of such research allow providing insights and suggestions for governments to make political-economic decisions. The article investigates the impact of slowing economy on enterprises, the reasons of fluctuations of economic cycles and their characteristics, phases of economic cycle: growth, peak, downturn and crisis. The article studies definition of slowing economy, its reasons, ratios, and inter-relationship between various ratios. Methodology of evaluating economic cycles is provided in the article.