Editing Recession (section)

===Business===

[[Productivity]] tends to fall in the early stages of a recession, then rises again as weaker firms close. The variation in [[Profit (accounting)|profitability]] between firms rises sharply.{{citation needed|date=August 2022}} The fall in productivity could also be attributed to several macro-economic factors, such as the loss in productivity observed across the UK due to [[Brexit]], which may create a mini-recession in the region. [[Pandemic|Global epidemics]], such as [[Coronavirus disease 2019|COVID-19]], could be another example, since they disrupt the global supply chain or prevent the movement of goods, services, and people.

Recessions have also provided opportunities for [[anti-competitive]] [[merger]]s, with a negative impact on the wider economy; the suspension of [[competition policy]] in the United States in the 1930s may have extended the Great Depression.<ref name="ESRC" />