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What is the difference between recession and depression?

The difference between the depression and a recession is a recession is the down on an up and down rollercoaster. While the depression, there was no way to tell when it would end.


Put the phases of the business cycle in the correct order in which they follow a boom?

depression recovery boom recession Final phase


A period following a boom is known as?

Boom-Recession-Depression-Recovery-Boom.


The business cycle goes from boom to recession to and back to boom.?

Depression.


What is the opposite of a boom period?

The opposite of a boom period is a recession.A recession is the opposite of a Boom Period.


What is opposite of a boom period?

The opposite of a boom period is a recession.A recession is the opposite of a Boom Period.


What is the difference between light artillery and heavy artillery?

Small BOOM, large BOOM


Put the phases of the business cycle in the correct order in which they follow a recession?

Depression Recovery Boom Recession


Put the phases of the business cycle in the correct order in which they follow a recession.?

Depression Recovery Boom Recession


What is the opposite of recession?

the answer is an economic boomin economy it is called a "boom"


What is the difference between recession, depression, and inflation?

Recession is a period of economic decline, depression is a severe and prolonged recession, and inflation is the increase in prices of goods and services over time.


Put the phases of the business cycle in the correct order in which they following a boom?

depression recovery boom recession Final phase