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What else can I help you with?
How did the great depession?
The Great Depression was caused by a combination of factors including the stock market crash of 1929, overproduction, high levels of debt, banking panics, and a severe downturn in international trade. These factors led to a dramatic decrease in consumer spending, business investment, and economic activity, resulting in widespread unemployment and financial hardships.
What is the definition of financial depression?
Financial depression is a severe and prolonged economic downturn characterized by high levels of unemployment, reduced consumer spending, and overall economic hardship.
There is very little business activity and high unemployment during which of these?
trough
There is very little business activity and high unemployment during an?
recession
During what part of a business cycle is there very little business activity and high unemployment?
trough
What happened to the economy during stagflation?
Higher rates of inflation, decrease in business productivity, high unemployment
What happened to economy during stagflation?
Higher rates of inflation, decrease in business productivity, high unemployment
Which was the decade of high inflation and high unemployment?
Which was the decade of high inflation and high unemployment
What is California ecomony?
I would say it is kind of expensive in California!
How can interest rates push a business cycle into a contraction?
High interest rates can promote saving, which in turn can cause a downturn in demand, causing surplus products on the market.
Can you give me a sentence that has the word unemployment?
Unemployment is high.
What stage of the business cycle would be most appropriate to describe the years from 1929 to 1933?
contraction
