no, but close, It's right Above a depression
They arent man you arent thinking the same thing the depression is worse man dude dude dude dude you are thinking of the depression and the crash in the government7
Nothing. There is no such thing. Probably a war will ensue.
The world is in a big recession.
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.
a depression is a particularly deep recession with high levels of unemployment
A recession is a low point in the economy. A depression is an extreme low point in the economy that lasts a long period of time. We are at a recession, in the 1930's their was a depression in the US.
Not Really, we are in a recession but not a depression.
A recession is shorter than a depression.
depression recovery boom recession Final phase
Depression and recession are both economic downturns, but a depression is more severe and longer-lasting than a recession. A depression involves a significant decline in economic activity, high unemployment rates, and widespread hardship, while a recession is a period of economic decline that is less severe and shorter in duration.
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.
It was a cause of the depression, and probable the recession but I'm not sure