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What is A temporary depression in economic activity or prosperity?
Wiki User
∙ 11y ago
recession
Wiki User
∙ 11y ago
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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
What term means a temporary decline in economic activity or prosperity?
A recession is a modest downturn in the level of economic activity. Technically, this is indicated by two consecutive quarters of negative economic growth by the GDP.
What is the peak of economic activity called?
prosperity
What happens during an economic depression?
During an economic depression threes a lack of economic activity that can last for several years.
What is a period of reduced economic activity called?
a recession or 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
What is the opposite of economic depression?
Economic prosperity.
What term means a temporary decline in economic activity or prosperity?
A recession is a modest downturn in the level of economic activity. Technically, this is indicated by two consecutive quarters of negative economic growth by the GDP.
Prosperity is a time when?
There is high economic activity..
What is the peak of economic activity called?
prosperity
What event ended the prosperity of the 1920?
The Great Depression ended the economic prosperity of the 1920s.
What event ended the economic prosperity of the 1920?
The stock market crash of 1929 put an end to the prosperity of the 1920s in the United States.
What happens during an economic depression?
During an economic depression threes a lack of economic activity that can last for several years.
Policy that influences inflation unemployment taxes and general economic prosperity or depression is called?
economic policy
Is a period of low economic activity and rising unemployment?
economic depression
What is a period of reduced economic activity called?
a recession or depression
Were the 1920 an era for economic boom or false prosperity?
false prosperity: because people were spending money that they did not have. (this was one of the main causes for the great depression)
