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satela [25.4K]
3 years ago
13

Define economic depression Define economic recession

Social Studies
2 answers:
gtnhenbr [62]3 years ago
8 0

<u>Economic Recession & Economic Depression:</u>

Economic Recession:

Economic Recession is the phase in the business cycle which leads to growth in the negative Gross Domestic Product which lasts for few months. This happens when there is a drop in the economic activity.  During recession there will be financial crisis, there will be unemployment, and government borrowing will increase.

Economic Depression:

Economic depression is the downturn or serious drop in economic activity which lasts for many years.  The major reason for economic depression can be the decreasing consumer confidence which results in the downfall of demand. Some of the resultants are

  • increased unemployment
  • drop in available credit
  • reducing outputs
  • sustained volatility in the value of currencies
solmaris [256]3 years ago
3 0

Answer: A depression is a severe and prolonged downturn in economic activity.

A recession is a business cycle contraction when there is a general decline in economic activity.

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Discuss the unique challenges faced by students with disabilities and describe how you can adopt the tenets of the Christian wor
nikdorinn [45]

Answer: Educate the class and enforce strick measure. Also, by encouraging them.

Explanation:

Discrimination and inferiority complex;

This are two major issues faced by individuals with disabilities. Most persons tend to see them as incomplete humans that would not be capable of handling task. Some of them don't stay, work, eat, play where these complete humans.

The best way is to tell the classroom is by letting them know that they should be role models of love and equlatity. This should make them relate freely with those who have this issue.

Another way is by encouraging them in any event they come out to do and not turn them down

4 0
2 years ago
Why did the Egyptians spend years and many resources to build enormous tombs for their dead pharaohs?
LuckyWell [14K]
Egyptians believed that they had eternal spirits which made them think that they could rule the world even after they were dead and that whatever they had in this life they would need in the next. Therefore, they stuffed there tombs full of stuff to use in the afterlife
7 0
3 years ago
Read 2 more answers
A person who enters into a contract when he or she is intoxicated can void the contract if he or she did not comprehend the lega
baherus [9]

Someone who enters into a contract when she or he is intoxicated can void the settlement if she or he no longer realizes the prison consequences. False.

A void settlement is a contract that isn't always legally enforceable, beginning from the time it was created. whilst each void and voidable agreement is null, a void contract can not be ratified. In a felony feel, a void agreement is treated as though it was in no way created and becomes unenforceable in the courtroom.

A settlement to perform an illegal act is an example of a void agreement. for instance, an agreement between drug sellers and customers is a void settlement absolutely because the terms of the agreement are unlawful. In this sort of case, neither birthday party can visit the court to put in force the settlement.

With a void contract, the contract can't come to be legitimate just through both events agreeing, as you can't commit to doing something unlawful. Voidable contracts may be made legitimate if the celebration who is not bound agrees to give up their rights to rescission. Examples of void contracts could consist of prostitution or gambling.

Learn more about the void contracts here: brainly.com/question/15274330

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8 0
2 years ago
Kathy is looking at a stack of books at a local bookstore, when Diana brushes past her, gently pushing Kathy. "wow, she is very
Cloud [144]

Answer:

Social attribution

Explanation:

We determine the characteristic of every individuals that we met based on the data/information that we receive from that person.

Social attribution occurs when we do not have enough data to judge a person, but we encounter a similar situation with other people in the past so we make an educated guess join how to judge that person.

Social attribution does not necessarily resulted in wrong judgement, but it will definitely create a bad impression of that other person in our head and make us become biased when encountering them again in the future,.

7 0
3 years ago
Consumers do not view all types of coffee as identical to one another. The available choices range from iced coffee to non-fat l
klemol [59]

Answer:

Product differentiation

Explanation:

some consumers generally not consider all market products as same like in question some consumers consider the variation in taste of coffee available in market . so this type of phenomena is know as product differentiation in market. In product differentiation consumer consider little variation in similar product regarding taste, color, smell, size and so on. mainly this process related to economics and management in which you study about product differentiation. It really provide edge to different competitors work in market. To sum up, when consumer consider unique qualities of product while choosing and buying it is know as product differentiation.

3 0
3 years ago
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