new52jason new52jason
  • 14-11-2020
  • History
contestada

What is the diference between an economic
depression and an economic recession? Why do
these happen?

Respuesta :

sukunshrestha
sukunshrestha sukunshrestha
  • 14-11-2020

Answer:

i hope this helps

Explanation:

A recession is a downtrend in the economy that can affect production and employment, and produce lower household income and spending. The effects of a depression are much more severe, characterized by widespread unemployment and major pauses in economic activity.

Answer Link

Otras preguntas

The points (0.5,1/2) and (7,1 2/5) are on the graph of a proportional relationship what is the constant of proportionality name one more point on the graph writ
Write a peom about noises you like/dislike
What is the midpoint of AB? ​
Tim complains of chest pain,and he has difficulty breathing
At Haddon, Inc., the office workers are employed for a 40-hour workweek and are paid on either an annual, monthly, or hourly basis. All office workers are entit
Which of these substances will NOT stop iron from rusting?
Im just here to clarify that is app is not to make rude and hurtful comments about anyone, Drama is so old, so your the ignorence to your self. Everyone has fee
can someone help me with this? i'll award brainiest :D
Pls help I am confused my sister got me sweating
please help answer this quickly