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A decline in the business cycle for a prolonged period of time. High unemployment rate for an extended period of time. A sustained decline in GDP.
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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 does economic features mean?
economic features are features that the economy has
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.
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 does economic features mean?
economic features are features that the economy has
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.
Were the westerners affected by the economic depression in 1819?
Westerners were not affected by the economic depression in 1819. t or f
What are the features of a depression?
The features of a depression are wind,rain,clear skies,temperature rising and falling and thunderstorms
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 caused an economic depression in the 1870s?
The Panic of 1873 caused an economic depression in the 1870s because banksacross the land closed .
What were Africa's depressions?
Ambiguous Question: Specify--- Psychological Depression Geographical Depression Economic Depression
