Any condition involving slow growth, lower volumes of buying and selling, or an overall decrease in the level of investment. Sluggish economies left to themselves may become recessions, as consumers and investors cut back on buying activity out of fear of tough economic conditions, leading to further slowdowns.
Related information about sluggish economy:
- Sluggish Economy Definition | Investopedia
A state in the economy in which the growth is slow, flat or declining. The term can refer to the economy as a whole or a component of the economy, such as weak ...
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