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Q: During a depression or recession what would most likely to happen to interest rates?
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How the recession last for?

Depends on how long were going to sit here and watch it happen and not do anything about it.


Is the us economy in a depression in 2009?

The US economy is in recession, as people have less money to spend. It is not yet a depression in which the entire ecomomy collapses, but it could still happen later on.


During a recession what must happen to interest rates to spur economic growth?

The government will lower them to decrease the portion of income allocated to mortgage repayments and allow people to spend more money at retail outlets, on holidays and other descretionary goods.


What will happen to interest rate during inflation?

They will go up!


What will happen when too little money is circulated?

A recession happens .


What happen to ordinary workers during the great depression People stop spending money on the stock prices?

They lost their jobs.


Is it possible for a teenager to have depression?

Of course it is! Depression can happen to anyone!


When did the depression happen?

The Great Depression lasted from 1929-1939.


What happen in 1933 on the Great Depression?

During the Great Depression 1932 was considered the worst year. and the year that FDR was elected. 1933 was sometimes considered as the great turn around or the beginning of the end.....if that makes sense


What major events happen during Herbert Hoover's term?

The stock market crash (1929) that began the Great Depression.


What happen to ordinary worker during the great depression?

many lost their jobs, those who kept their jobs faced pay cuts and reduced hours


Could the depression happen again?

Yes