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That's why it is called "the depression," because it was the biggest time of great financial hardship in the recent past. "The Great Depression" and "The Depression" are the same thing. Although, some people talk about us entering "a depression" sometimes, and they are talking about the economy now, not back then.
Sure. Without proper oversight of banks and other financial institutions it can always happen.
For a number of reasons: -They cannot cope with the lack of control they have over their lives -They see no way out of the depression -They are bullied -They are depressed -A recent traumatic event There are hundreds of reasons.
Historical time is a time in history that can be described, and is different than the present when telling time. When talking about a historical time, it could be anything from the recent fairly recent past to 1000s of years ago.
False - Because Americans buy so much abroad the us experienced and eever increasing trade deficit. In other words it consistently spent more on foreign imports than it earned by selling exports. This imbalance increased five fold between 1980 -1990
In the recent recession the main affected countries are The U.S.A ,Europe, Japan and China and Asia as well.
Countries such as Turkey, India, China, Qatar, Canada and Australia are seen to be least affected by the recent recession.
The recent recession is one major reason.
Québec province has experienced a strong separatist movement in recent years.
occurred in 1973-75 period
occurred in 1973-75 period
falling because of the recession
The American Great Depression had a significant impact on the entire world, much as the recent recession had severe impact on the global economy. Asian's were arriving in the US via California in search of jobs and money. As the railroad finished and the Great Depression began, this hurt Asian immigrants who would send money back home. This also decreased imports overall in the US and Asia has always been a large exporter.
Global Financial crisis - India's stand during & post recession
the last recession began in march of 2001 and ended in November 2001.
One recent study concluded that depression was the result of CFS and was not its cause
It was the biggest time of great financial hardship in the recent past.