1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
WARRIOR [948]
3 years ago
5

What is an economic depression and what was different about the Great Depression?

History
1 answer:
Luda [366]3 years ago
6 0

A state of the economy resulting from an extended period of negative economic activity as measured by GDP. It is often described as a more severe form of a recession that leads to extended unemployment, a spike in credit defaults, broad declines in income and production, currency devaluation and a deflationary economy.

I know that the Great Depression was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomic policy, and economic theory.

I think that will help you I hope it does. : )

You might be interested in
Read this excerpt from The Narrative of the Life of Frederick Douglass.
zheka24 [161]

The statement that describes Frederick Douglass's point of view is that "He wishes he could thank the young boys who taught him to read".

About the book- Frederick Douglass was born a slave, to narrate the experience of the life of a slave he has written a book name the narrative of the life of Frederick Douglass. Although he did not have to work on the field as another slave, he had to work in the household.

When he was seven he was taken by Huge Auld a son in laws brother of attorney. Huge's wife Sophia tried to teach him but Huge did not allow her to teach him, eventually, he was taught by the local boys how to read and write.

Douglass described their encounter with white workers in the trading factory. Douglass resisted the domination in the factory.

To learn more about Frederick Douglass please click on the link

brainly.com/question/13896424

#SPJ1

6 0
1 year ago
Many of the early humans to migrate to north america were
bija089 [108]

Answer:

b

Explanation:

rev war

4 0
2 years ago
Read 2 more answers
Why do new parents feel pressure what are some of the biggest sources of worry for new parents?
Vesna [10]
Well its because they feel rushed and have never experienced or don't know what to do.....
6 0
3 years ago
Read 2 more answers
What did the tang dynasty experience during the time that they ruled china?
Lady_Fox [76]
The Tang dynasty saw a great advance in literature and the arts. The also saw a big power increase.
4 0
3 years ago
The ecomomic system that came out on top at the end of the cold war was
lara31 [8.8K]

Answer:

Capitalism

Explanation:

With U.S economic culture dependent on capitalism and increased influence of U.S.A over the world and downfall of communism led to increased influence of capitalism.

7 0
3 years ago
Other questions:
  • How did the economic civilization use their resources to make money?
    11·1 answer
  • When Muslims conquered a new land they often
    7·1 answer
  • This political cartoon about imperialism from the late 1800s implies
    12·2 answers
  • In a two paragraph essay, you will identify and discuss the causes and resolutions to the great depression.
    7·1 answer
  • What were two important natural resources for the thirteen British colonies during the years prior to the American Revolution?
    7·2 answers
  • *WILL MARK BRAINLIEST*
    10·1 answer
  • I’m the Vedic age what types of goods were traded most often?
    12·1 answer
  • Was the modern period(1750-1914) primarily a period of economic change or continuity ?​
    12·1 answer
  • Most enslaved people in the south maintained their family histories by
    13·2 answers
  • Which of the following excerpts displays a forgiving tone toward Faulkner?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!