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.
Answer:But this prosperity came at a cost, gobbling up the lands of Native Americans ... Market Revolution: society and culture ... US President Andrew Jackson oversaw the policy of "Indian removal," which ... Can you imagine any alternative policies that would have protected the interests of white settlers while preserving the rights .
