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Is the US in an economic depression?
what is an economic depression?
Discuss the common features of an economic depression?
Some common features of an economic depression include high levels of unemployment and high levels of foreclosures. The high levels of unemployment are indirectly responsible for many of the foreclosures. Another factor in foreclosures is the expiration of first-time buyer tax credits.
What is an example economic depression?
The Great Depression
What happens during an economic depression?
During an economic depression threes a lack of economic activity that can last for several years.
What does economic features mean?
economic features are features that the economy has
Is the US in an economic depression?
what is an economic depression?
Discuss the common features of an economic depression?
Some common features of an economic depression include high levels of unemployment and high levels of foreclosures. The high levels of unemployment are indirectly responsible for many of the foreclosures. Another factor in foreclosures is the expiration of first-time buyer tax credits.
WHAT IS AN ECONOMIC DEPRESSION?
The Great Depression
What is an example economic depression?
The Great Depression
What happens during an economic depression?
During an economic depression threes a lack of economic activity that can last for several years.
What is the opposite of economic depression?
Economic prosperity.
What does economic features mean?
economic features are features that the economy has
Were the westerners affected by the economic depression in 1819?
Westerners were not affected by the economic depression in 1819. t or f
Define economic depression and name at least one example of one?
An economic depression is a sustained, long-term downturn in economic activity in one or more economy. An obvious example is the U.S. Great Depression.
What were Africa's depressions?
Ambiguous Question: Specify--- Psychological Depression Geographical Depression Economic Depression
What caused an economic depression in the 1870s?
The Panic of 1873 caused an economic depression in the 1870s because banksacross the land closed .
What was not a general characteristic of an economic depression?
A general characteristic that is not typically associated with an economic depression is sustained economic growth. During an economic depression, key indicators such as GDP, employment, and consumer spending usually decline significantly. Other characteristics include high unemployment rates and deflation, rather than inflation or consistent increases in economic activity. Thus, economic growth contradicts the essence of a depression.
