depression is when your sad and depressed reccion is the lose of value
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 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.
a depression is a particularly deep recession with high levels of unemployment
Recession is a period of economic decline, depression is a severe and prolonged recession, and inflation is the increase in prices of goods and services over time.
Depression and recession are both economic downturns, but a depression is more severe and longer-lasting than a recession. A depression involves a significant decline in economic activity, high unemployment rates, and widespread hardship, while a recession is a period of economic decline that is less severe and shorter in duration.
A recession is a period of economic decline that lasts for a few months, while a depression is a more severe and prolonged economic downturn that can last for years.
The world is in a big recession.
Recession refers to a temporary economic decline whereas a depression is a period of prolonged downturn in economic activity
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