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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.


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

Slump


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

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.