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What is an economic slump called?

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Anonymous

10y ago
Updated: 8/21/2019

A recession.

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Wiki User

10y ago

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Related Questions

What is slump?

Slump is a temporary period of decreased economic output or activity. It can refer to a decline in business activity, sales, or production in a particular industry or region. Slumps are often characterized by reduced consumer spending and confidence.


What occurs during a slump?

During a slump, economic activity slows down, leading to a decrease in production, employment, and consumer spending. This can result in reduced investment and company profits, causing a negative impact on overall economic growth. Governments often implement various policies to stimulate the economy and help it recover from a slump.


What was the severe economic slump that followed the collapse of the stock market in 1929?

The Great Depression


What was a part of Reagan's plan for pulling the US out of its economic slump?

Lowering income taxes.


What is the name of the geomorphic landform that identifies a slump?

The geomorphic landform that identifies a slump is called a scarp or slump scar. This feature is created when a mass of rock or soil moves downhill along a curved sliding surface, resulting in a distinct steep slope at the head of the slump.


What are true slump and shear slump in slump test?

A shear breaks off or crumbles. A slump stays together however it will slump down.


Can remove rocks from from mountains tops leaving depressions is called?

Slump


What is it called when boulders sand clay and silt drop from a glacier?

Slump


Examples of slump?

Economic or personal-psychological depression. The Great Slump of l929. I have also used the word for a temporary loss of pressure in a pipe line- I have heard them say- a pressure slump on the l50 line ( why it happened this morning) too many people using the faucets at once. generally depression- either psychological or economic.


Type of slump test?

Type of slump test are,True slumpShear slumpCollapse slump


What is a sentence for slump?

Don't slump, you'll injure your spine.There was a big slump in sales.


Obstacle in Martin van Buren term during office?

His biggest problem was the financial panic of 1837 and the ensuing economic slump.