...In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe downturn than a recession, which is seen as part of a normal business cycle. Read full entry
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- What is the Economic Depression
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- 1.Depression (economics) - Wikipedia, the free encyclopedia
- (Redirected from Economic depression) Jump to: navigation, search ... a depression is a sustained, long-term downturn in economic activity in one or more economies. ...
- http://en.wikipedia.org/wiki/E
conomic_depression
- 2.Great Depression - Wikipedia
- Read about the Great Depression, the worldwide economic decline that started in 1929 and lasted into the 1930s and early 1940s. Covers Depression life in the U.S. ...
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reat_Depression
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Economic Depression....?
Is it truly possible that the
U.S. and other countries can
slip into an economic
depression within the next 5
years? Or even earlier?
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economic depression, please. we is now in post depression, more like dirt poor. and with all these wars led by republicans, who knowes we might need a new adjective for depression. |
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When does an economic An economic recession is
defined as two consecutive
quarters of no growth in the
GDP, or negative growth in the
GDP. What is the definition of
"Depression"?
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That's interesting I want to see. My only guess is when it lasts longer than it's supposed to. I know the normal boom/bust cycle has a recession part, and the whole cycle should theoretically take 20 years for a full cycle. Maybe it's when the recession part lasts longer than it should. That's my guess, but don't get mad if I'm wrong, that's just my guessing, I really don't know. |
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How has this economic Yes, depression defines the
economic situation we're
currently in.
In economics, a depression is
a sustained, long downturn in
one or more economies. It is
more severe than a recession,
which is seen as a normal
downturn in the business
cycle.
To those who question the
severity:
Considered a rare and extreme
form of recession, a
depression is characterized by
abnormal increases in
unemployment, restriction of
credit, shrinking output and
investment, numerous
bankruptcies, reduced amounts
of trade and commerce, as well
as highly volatile relative
currency value fluctuations,
mostly devaluations. Price
deflation or hyperinflation
are also common elements of a
depression.
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My Uncle, Grandmother, Host mother, and real Mother have all lost their homes. =-( |
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