The world is in a big recession.
It was a cause of the depression, and probable the recession but I'm not sure
This was The Great Depression
The Great Depression had a more profound and lasting impact than the Great Recession. It resulted in widespread unemployment, significant economic contraction, and transformative changes in government policy and regulation, shaping the global economy for decades. While the Great Recession also caused severe economic distress and led to important reforms, its effects were less severe and shorter-lived compared to the Great Depression. Ultimately, the Great Depression reshaped societal structures and economic systems in a way that the Great Recession did not.
If it goes on for a long time and no one buys a lot of stocks, it could eventually turn into a depression. Save
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
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
Recession or depression
In general terms (as a rule of thumb):A recession is a decline in GDP for two or more quarters consecutively.A depression is a decrease in GDP of 10% or more in any given year.Therefore, a depression is more severe than a recession.
The recession worsens into a depression.