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WasThe great depression was a time when the US experienced severe economic recession and deflation?
Wiki User
∙ 14y ago
Yes, this is true
Wiki User
∙ 14y ago
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What is global recession?
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
What is A temporary depression in economic activity or prosperity?
recession
What is a period of reduced economic activity called?
a recession or depression
A rise in business activity after a recession or depression?
An increase in business activity after a recession is an economic turnaround. An introduction of technology helps economies grown and come out of depression.
Does a depression always follow a recession?
No. Most economic slowdowns never get bad enough to be called a depression.
What is global recession?
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
A period when economic activity slows and unemployment increases is called a what?
America
What is A temporary depression in economic activity or prosperity?
recession
What is a period of reduced economic activity called?
a recession or depression
A rise in business activity after a recession or depression?
An increase in business activity after a recession is an economic turnaround. An introduction of technology helps economies grown and come out of depression.
What is the difference between a reccession and a depression?
Recession refers to a temporary economic decline whereas a depression is a period of prolonged downturn in economic activity
Does a depression always follow a recession?
No. Most economic slowdowns never get bad enough to be called a depression.
Beyond certain point deficit financing will certainly lead to?
inflation, b) deflation c) recession d) economic stagnation
What is the difference between an economic recession and an economic depression?
An economic recession is "an extended decline in general business activity, typically three consecutive quarters of falling real gross national product and gross demostic product." An economic depression is "a period of drastic decline in a national or international economy.
What is the term for economic growth after a depression or recession?
Nothing. There is no such thing. Probably a war will ensue.
In the 1990s japan experuenced an economic slowdown because?
In the 1990s, Japan experienced an economic slowdown because of deflation. The country's economy has since recovered.
Is the US officially in a recession?
There is no universally recognized definition of 'recession.' Most (but not all) economists would agree that the current economic situation is at least a recession.
