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Depression means the lowest point in an economic cycle characterized by:
- reduced purchasing power,
- mass unemployment,
- excess of supply over demand,
- falling prices, or prices rising slower than usual,
- falling wages, or wages rising slower than usual, and
- general lack of confidence in the future.
Also called a slump, a depression causes a drop in all economic activity. Major depressions may continue for several years, such as the great depression (1930-40) that had worldwide impact. Refer to link below for more information.
What else can I help you with?
What term did Winston Churchill use to refer to his bouts of depression?
Winston Churchill referred to his bouts of depression as the "black dog." He used this term to describe the dark and debilitating nature of his mental health struggles.
What is the term for 'possessing masculine traits'?
virile is the medical term meaning possessing masculine traits
Long term and short term effects of the great depression?
Short-term effects of the Great Depression included high unemployment rates, bank failures, and a significant drop in industrial production. Long-term effects included changes in government policies to prevent future economic downturns, the establishment of social welfare programs, and a shift in public attitudes towards saving and spending. The Great Depression also led to the rise of authoritarian regimes in some countries as a response to the economic turmoil.
What is the different between mental health illness and depression?
If severe enough to be considered an illness, depression is one of many mental illnesses. Mental health is a term that describes both the constellation of mental illnesses and their treatment or prevention, and the processes and programs associated with them.
1. Use each of the two words below in a sentence that shows their meaning in this lesson. a. depression b. manumission?
a. She experienced deep feelings of sadness and hopelessness, indicative of depression, after losing her job. b. The manumission of the slaves marked a significant turning point in the country's history, granting them their freedom.
What is the medical term meaning depression in a bone?
Fossa
What is the medical term meaning depression in cell levels?
Cytopenia is the medical term meaning low numbers of blood cells.
What is the medical term meaning the act of lowering a body part?
Depression is the medical term meaning the act of lowering a body part. So opening your mouth is also depressing your mandible.
What is the medical term meaning inability to feel pleasure?
Anhedonia is the medical term meaning inability to feel pleasure. Anhedonia is a symptom of depression.
What is the medical term meaning depression caused by winter season?
Seasonal affective disorder.
What is the term for the slow movement?
Bradykinesia is the medical term meaning slow movement. Bradykinesia may be seen in Parkinson's disease or depression.
What is the medical term meaning feelings of inadequacy and sadness following the birth of a baby?
PPD or post-partum depression.
What is the medical term for extreme sleepiness?
Hypersomnia means too much sleep. Hypersomnia can be a symptom of depression.
What is the medical term meaning mouth or opening?
Stoma is the medical term for mouth or opening.
What is the medical term meaning Numerous periods of mania and depression but not of long duration no psychotic features?
MDD - Major Depressive Disorder
What is a more formal medical term for depression?
Depression is the medical term for depression. But there are different types of depression depending on the particular constellation of symptoms. For instance a few include: Dysthymia - a long term low level of depression Anhedonia - loss of a sense of pleasure Cyclothymia - a milder form of bipolar Major depressive disorder - what most lay people call depression
The proper term describing the US economy after the depression is?
The proper term describing the US economy after the depression is recovery. The economy went up from where it was.
