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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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Answer:

The correct answer choice to the question: What makes Native Americans unique as a subordinate group in the United States, would be: They are the only group that is indigenous to the United States.

Explanation:

Subordinate groups, are groups of people from a race, origin, language, culture, or ethnic origin that were forced to become inferior to another simply because they were overcome with numbers, or unbalance in power. One example of such a group are the Native Americans, a group of people that used to be quite numerous in the Americas before the arrival of the Europeans, but that with time dwindled and fell as they were overpowered by the higher weaponry, organization, and numbers, of the white settlers. There are other groups also known as subordinate, like African Americans. However, from these groups, the characteristic that makes Native Americans unique is that they were the only ones indigenous to the American lands.

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when people become fearful without reason about behavior that appears to threaten society’s core values
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