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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 else can I help you with?
How was China affected by the Great Depression?
China was severely affected by the Great Depression. The economic status of the country become worse and the general cost of living become unbearable.
What is major depression?
an episode of depression characteristic of major depressive disorder
What is most characteristic of the Dust Bowl?
depression
What is the opposite of economic depression?
Economic prosperity.
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.
Which conditions are most characteristic of an economic depression?
Few jobs and little demand
Policy that influences inflation unemployment taxes and general economic prosperity or depression is called?
economic policy
Is the US in an economic depression?
what is an economic depression?
Who started the Great Depression?
the people in general. general loss of confidence in the economic future caused the wall street crash of October 1929
What is the difference between an economic recession and an economic depression?
An economic recession is "an extended decline in general business activity, typically three consecutive quarters of falling real gross national product and gross demostic product." An economic depression is "a period of drastic decline in a national or international economy.
How was China affected by the Great Depression?
China was severely affected by the Great Depression. The economic status of the country become worse and the general cost of living become unbearable.
What is major depression?
an episode of depression characteristic of major depressive disorder
WHAT IS AN ECONOMIC DEPRESSION?
The Great Depression
What is an example economic depression?
The Great Depression
What is most characteristic of the Dust Bowl?
depression
What happens during an economic depression?
During an economic depression threes a lack of economic activity that can last for several years.
What was the economic characteristic of the colony of New Hampshire?
A economic characteristic of New Hampshire is rich soil.
