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Andru [333]
4 years ago
7

Which of the following best explains what happens when unemployment

History
2 answers:
solniwko [45]4 years ago
7 0

Answer:

The correct response is the recession worsens into a depression.

Explanation:

High unemployment during a recession can spark a depression where the economy contracts significantly for a prolonged period. A common definition of a recession is when an economy experiences negative GDP growth for two quarters. There are no commonly agreed criteria to differentiate a depression or to define when the economic problems advance into a depression, but generally, a depression is understood as a longer period of time where there is a significant decline in income and employment opportunities.

Troyanec [42]4 years ago
4 0

Answer:

The answer is "There's a depression."

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