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What is the opposite of economic depression?
Economic prosperity.
What was not a general characteristic of an economic depression?
A general characteristic that is not typically associated with an economic depression is sustained economic growth. During an economic depression, key indicators such as GDP, employment, and consumer spending usually decline significantly. Other characteristics include high unemployment rates and deflation, rather than inflation or consistent increases in economic activity. Thus, economic growth contradicts the essence of a depression.
What happens during a period of depression in a country?
During an economic depression threes a lack of economic activity that can last for several years.
What did The Panic of 1837 eventually led to?
a worldwide economic crisis called the long depression
In which year was the peak of the great depression?
It was in the 1930 during which there was a severe world wide economic depression.
Is the US in an economic depression?
what is an economic depression?
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
Were they successful in pulling the US out of economic downturn during the great depression?
The relief programs undoubtedly gave people temporary economic help. Reforms in banking and controls on the stock markets helped prevent future depressions. However, the depression did not really end until the War effort began.
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 were Africa's depressions?
Ambiguous Question: Specify--- Psychological Depression Geographical Depression Economic 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 .
What was not a general characteristic of an economic depression?
A general characteristic that is not typically associated with an economic depression is sustained economic growth. During an economic depression, key indicators such as GDP, employment, and consumer spending usually decline significantly. Other characteristics include high unemployment rates and deflation, rather than inflation or consistent increases in economic activity. Thus, economic growth contradicts the essence of a depression.
When was the economic depression?
Right about now!
