no, but close, It's right Above a depression
They arent man you arent thinking the same thing the depression is worse man dude dude dude dude you are thinking of the depression and the crash in the government7
Nothing. There is no such thing. Probably a war will ensue.
The world is in a big recession.
The difference between the depression and a recession is a recession is the down on an up and down rollercoaster. While the depression, there was no way to tell when it would end.
a depression is a particularly deep recession with high levels of unemployment
A recession is a low point in the economy. A depression is an extreme low point in the economy that lasts a long period of time. We are at a recession, in the 1930's their was a depression in the US.
Not Really, we are in a recession but not a depression.
A recession is shorter than a depression.
depression recovery boom recession Final phase
It was a cause of the depression, and probable the recession but I'm not sure
Recession or depression
In general terms (as a rule of thumb):A recession is a decline in GDP for two or more quarters consecutively.A depression is a decrease in GDP of 10% or more in any given year.Therefore, a depression is more severe than a recession.