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Depends on how long were going to sit here and watch it happen and not do anything about it.
Wiki User
∙ 15y ago
Wiki User
∙ 15y agoA recession usually lasts for 6-9 months. If it crosses 12 months it is termed a Depression.
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Are you in a depression or recession?
The world is in a big recession.
Is overproduction a cause of the recession?
It was a cause of the depression, and probable the recession but I'm not sure
How pharmaceutical can overcome recession?
The pharmaceutical industry will be one of the least effected industries during a recession. Firstly, the industry is very inelastic i.e. health will be one of the last things people will forfeit. And secondly, if people cannot afford medicine, the government will bring in subsidies to the people that need it.
What is the great recession?
Recession means: When the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year It's actually a fall in GDP for 2 or more quarters....
What is economic crunch?
recession
How long does the average recession last?
"If one looks at historical numbers of the past US recessions, the country faced a recession anywhere between 8-16 months. In 2000-01, it faced 8 months of recession, in 1990-91 about 8 months, and 1981-82 about 16 months. Historically, that is how long recession has lasted." "Some people in the US say it could last for 3-4 quarters...This recession is compared to that of 2000-01 and 1969-70" SOURCE: http://www.moneycontrol.com/india/news/market-outlook/us-recession-could-last-for-3-4-quarters/12/00/326369
How long will the current recession last?
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Peak (business cycle)?
the last month and quarter of growth before the recession starts
What is the adjective of recession?
The adjective of recession is recessionary.
Are you in a depression or recession?
The world is in a big recession.
Recession is spreading like virus examine the impact of recession on stock market and mutual fund?
recession
What are Advantages and disadvantages of recession?
advantages and disadvantages of recession
Recommendation in global recession?
recommendation of global recession
What is global recession?
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
Which statement is trueA recession is shorter than a depression.A recession occurs when the federal budget is balanced.A recession is closely related to a presidential veto of an act of Congress.A recession is longer than a depression?
A recession is shorter than a depression.
When did the last ice age in Britain start to recede and when did this recession come to an end in Britain?
The last ice age in Britain started to recede around 19,000 years ago, with the recession concluding around 11,700 years ago. This period marked the transition from the Pleistocene to the Holocene epoch in Britain.
Was the great depression the only depression to affect the US?
Once we finish this "recession" we will be calling the last few years the "Greater Depression".
