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maw [93]
3 years ago
6

Define an economic depression

History
1 answer:
Lesechka [4]3 years ago
7 0

In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle. A depression is an unusual and extreme form of recession. WIK

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