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Q: What period of temporary business reduction shorter and less extreme than a depression?
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What is a period of temporary business reduction shorter and less extreme depression call?

A period of temporary business reduction shorter and less extreme than a depression is commonly referred to as an economic recession.


A period of temporary business reduction shorter and less extreme that depression?

Recession


A period temporary business reduction shorter and less extreme than a depression?

recession


What is a period of temporary business reduction shorter and less extreme than a depression?

This is often called a recession.


Definition of Depression?

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Major depression is also known as unipolar. That means there is only one extreme; that of extreme lows. Manic depression is known as bipolar disorder (manic depression is the old name). This has two extremes; periods of extreme depression and extreme elation.


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