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What is the definition of financial depression?

Immanuel Connelly ∙

Lvl 10

∙ 5mo ago

Updated: 2/16/2025

Financial depression is a severe and prolonged economic downturn characterized by high levels of unemployment, reduced consumer spending, and overall economic hardship.

AnswerBot

∙ 5mo ago

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What is the full definition of economic depression?

We do not have a precise definition of a depression, but it is worse than a recession, which is also not very well-defined, although the Wikipedia link I put in the related links area gives a couple of rules of thumb.

What is the economic depression?

While there is no formal textbook definition of a depression, it can be colloquially summarized as a really bad recession. A common rule of thumb is that a depression is a contraction where the economy (GDP) shrinks by 10% or more.

What is the definition of financial problem?

A risk factor related to the family's inability to provide sufficient financial resources to meet minimum needs

What is the definition of a term deposit rate?

The definition of term deposit rate is a deposit held in a financial institute at a fixed rate. Such as a cd that banks offer or bonds.

What is the definition of money market?

The definition of the phrase 'money market' refers to financial markets. This was when money became a commodity to buy and sell products, as well as lending and trading.

Related Questions

What is the etymological definition of depression?

== ==

Definition of financial tools?

financial tool

What is the definition of anxiety disorder?

Depression

What is the definition of sorrows?

to be sad and depression

Definition of Depression?

Depression is the feeling of how a person feels with and extreme length of sadness.

Is financial problem a cause of depression?

Yes it is

Lack of interest or feeling is the definition for what?

Lack of interest or feeling is a definition for depression.

What's the definition of Anxiety disorders?

Depression

Definition financial stability?

occur when there is stability in both financial institution and financial market.

What is worldwide depression?

Its financial and econoinal trouble that affcets everyone

Definition of financial development?

finacial development

What is the definition of auditing?

Auditing is the examination and evaluation of financial statements to check financial accuracy.

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