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What happens to a communitysociety that is going through an economic recession or depression?
During an economic recession or depression, a community often experiences rising unemployment rates, leading to increased financial hardship for families. Businesses may close or downsize, resulting in reduced consumer spending and further economic decline. Social services may become overwhelmed as demand increases, and community cohesion can weaken due to stress and uncertainty. Overall, the quality of life typically diminishes, affecting mental health and social stability.
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What happens during a period of depression in a country?
During an economic depression threes a lack of economic activity that can last for several years.
A recession reduces consumer incomes What happens to Hamburger demand?
supply shifts in
When the economy enters a recession what normally happens?
the banks go bust, yea
Actions in one part of the country or world that have an economic impact on what happens elsewhere are examples of?
Actions in one part of the world that have an economic impact on what happens elsewhere are examples of economic interdependence. Some examples of economic interdependence are food, energy, minerals, goods and foreign debt.
What happens if the stimulus fails?
Full scale depression. Definitely no second term for Obama. Probably Republican majority elected to Congress.
What best explains what happens when unemployment increases during a recession?
The recession worsens into a depression.
What can happens when a recession goes for a long time?
Depression
What of the following happens when unemployment increases during a recession?
There´s a depression
What happens during an economic depression?
During an economic depression threes a lack of economic activity that can last for several years.
What happens to the economy during a recession?
An Economic Recession is a period of economic contraction (The Growth Rate shrinks and becomes stagnant)
What happens during a period of depression in a country?
During an economic depression threes a lack of economic activity that can last for several years.
What happens to unemployment rate after a recession?
After a recession, the unemployment rate will go down.
What happens to government expenses in a recession?
increase
What happens to price levels during a recession?
it falls
Which happens when the unemployment increases during a recession?
Because more people become unemployed than employed.
What will happen when too little money is circulated?
A recession happens .
Is economic growth more harm than good?
No. Without economic growth the economy of a country will stagnate. If this happens then jobs and sales will be lost which will add to the depression. However it should be regulated in a sustainable manner
