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During an economic depression threes a lack of economic activity that can last for several years.

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What happens during a period of depression in a country?

During an economic depression threes a lack of economic activity that can last for several years.


In which year was the peak of the great depression?

It was in the 1930 during which there was a severe world wide economic depression.


Which countries had economic growth during the great depression?

soviet union


Why did Van Buren do little to solve the nations economic problems during the depression?

because of economic wealth


Is the US in an economic depression?

what is an economic depression?


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.


What major economic event happened in the US during the 1930s?

The great depression.


Judicial supremacy in the economic sphere ended abruptly?

During great depression


What is Major slowdown of economic activity during which millions of people are unemployed?

depression


What of the following happens when unemployment increases during a recession?

There´s a depression


What happens to the American communist party during the Great Depression?

Increased


Contributed to the global economic crisis during the great depression?

Postwar reparations led to hyperinflation and economic collapse in Germany.