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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.
What information would the cultural historian receive that the economic historian would not?
Stories about the experience of being unemployed
What information would the cultural historian receive that the economic historians would not?
Stories about the experience of being unemployed
What valuable information can an historian find in a building?
An historian can find valuable information in a building such as architectural styles, building materials, construction techniques, and evidence of historical events or activities that took place within the building. The layout and design of a building can also provide insights into the social, economic, and cultural context of the time period in which it was constructed.
When was Eric Jones - economic historian - born?
Eric Jones - economic historian - was born in 1936.
When did John Ulric Nef - economic historian - die?
John Ulric Nef - economic historian - was born in 1899.
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
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.
