answersLogoWhite

0

Depression

User Avatar

Wiki User

14y ago

What else can I help you with?

Continue Learning about Economics

This word is used to describe a very severe economic downturn.?

The word used to describe a very severe economic downturn is "depression." Unlike a recession, which is a milder and shorter economic decline, a depression is characterized by prolonged unemployment, a significant drop in consumer spending, and widespread business failures. Historical examples include the Great Depression of the 1930s, which had lasting impacts on economies and societies worldwide.


What phrase can be used to describe the economic policy of laissez-faire?

The economic policy of laissez-faire is minimum intervention by governmental bodies into commercial and business affairs.Laissez-faire could be described as everything will work it self out if you leave it alone.


What is the expansionary fiscal?

Expansionary fiscal policy involves increasing government spending and/or decreasing taxes to stimulate economic growth. This approach is typically used during periods of economic downturn or recession to boost aggregate demand, create jobs, and encourage consumer spending. By injecting more money into the economy, the government aims to promote higher levels of output and reduce unemployment. However, if used excessively, it can lead to budget deficits and inflation.


What are economic staples?

it is the staples used to tie together the economic sheets of paper


England's economic system between 1651 and 1733 could best be described as?

Mercantilist is what the British economic system was between 1651 and 1733. This type of system used government regulation of the economy.

Related Questions

This word is used to describe a very severe economic downturn.?

The word used to describe a very severe economic downturn is "depression." Unlike a recession, which is a milder and shorter economic decline, a depression is characterized by prolonged unemployment, a significant drop in consumer spending, and widespread business failures. Historical examples include the Great Depression of the 1930s, which had lasting impacts on economies and societies worldwide.


What was the term president hoover used instead of crisis or panic?

depression - D Gutierrez (burley idaho)


What phrase can be used to describe the economic policy of laissez-faire?

The economic policy of laissez-faire is minimum intervention by governmental bodies into commercial and business affairs.Laissez-faire could be described as everything will work it self out if you leave it alone.


Is GM a manufacturing business?

General Motors (GM) is the largest auto manufacturer in the U.S. and one of the largest companies in the world. They are a manufacturer that generates over $150 billion in annual sales. They also used to have a credit arm but they sold that off during the economic downturn of 2009.


How do you use the word cycle in a sentence?

We are going through another cycle of economic downturn.


What is the index of leading indicators?

The Index of Leading Indicators is a composite economic indicator that attempts to predict future movements in the economy. It is made up of various components such as stock prices, building permits, and consumer expectations, and is used to anticipate turning points in the business cycle. A rising index typically indicates economic expansion, while a declining index may signal a potential downturn.


What is pliva 616 described for?

Its 500mg Metronidazolw (Flagyl) used to prevent and treat bacterial infections.


When did Jessops Camera reopen?

Jessops Camera reopened on the 28th of March, 2013. Jessops was a familiar retail camera store in the UK, that closed due to economic downturn. It will re-open on this date with just 6 stores, but with a plan to open 30-40 more. There used to be hundreds of stores throughout the UK.


What weapons to they use in sweatshops?

Only economic weapons are used in sweatshops. The employees might be metaphorically described as wage slaves, but they are not actual slaves. They are there voluntarily, because the need the work, underpaid though it may be.


What is completed by the paralegal ideally should include the clients name the time spent working on the case and the nature of the service performed?

You have described a time sheet used for billing in a law office.You have described a time sheet used for billing in a law office.You have described a time sheet used for billing in a law office.You have described a time sheet used for billing in a law office.


How can sentence with the word casualty be used?

My wrist is so painful I think I may have broke it, I'm off to casualty to get it x rayed. Kwik Goo, the sticky glue company is the latest casualty of the economic downturn as it calls in the receiver. One casualty in the road accident has life threatening injuries and has been airlifted to hospital by Air Ambulance.


Is there a better time of year to try to sell an auto?

The time definitely depends on fuel costs. The value of larger vehicles tends to drop exponentially when fuel costs get high. Also, during the winter, four wheel drive vehicles sell at their highest. Because of the economic downturn, there is a current great demand for quality used vehicles.