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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.
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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.
Define economic depression and name at least one example of one?
An economic depression is a sustained, long-term downturn in economic activity in one or more economy. An obvious example is the U.S. Great Depression.
What is the term for a person who buys goods and services?
This is the economic definition of a consumer.
What is full form of NIEO?
National Institude of Economic operations
Definition of modern business?
relatively affective economic trade which is conducted by the value generative creative person.
Is the US in an economic depression?
what is an economic depression?
What is the 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 best describes the economic of facist Germany during the great depression?
Full employment but low wages
WHAT IS AN ECONOMIC DEPRESSION?
The Great Depression
What is an example economic depression?
The Great Depression
What happens during an economic depression?
During an economic depression threes a lack of economic activity that can last for several years.
What is the opposite of economic depression?
Economic prosperity.
Were the westerners affected by the economic depression in 1819?
Westerners were not affected by the economic depression in 1819. t or f
What is the etymological definition of depression?
== ==
Define economic depression and name at least one example of one?
An economic depression is a sustained, long-term downturn in economic activity in one or more economy. An obvious example is the U.S. Great Depression.
What caused an economic depression in the 1870s?
The Panic of 1873 caused an economic depression in the 1870s because banksacross the land closed .
