All categories

3 years ago

In economics, what is the difference between a recession and a depression?

History

2 answers:

aliya0001 [1]3 years ago

7 0

Answer:

D) Recessions are economic contractions that last 6 months or longer, while depressions are particularly severe economic contractions with no specified time frame.

Explanation:

bazaltina [42]3 years ago

6 0

The correct answer is D) Recessions are economic contractions that last 6 months or longer, while depressions are particularly severe economic contractions with no specified time frame.

In economics, the difference between a recession and a depression is that recessions are economic contractions that last 6 months or longer, while depressions are particularly severe economic contractions with no specified time frame.

When a country stops its economic growth, it is said that its economy is in a recession. This means that economy is passing a period of contraction that can last approximately six months or more. A Depression is a more complex situation. This means that the economy of a country not only is not growing but is decreasing. This means that the economy is passing a period of a severe economic contraction that can last more time than a recession. For example, the Great Depression of October 1929, as a consequence of the stock market crash. It ended until 1939.

You might be interested in

How did the battle of lake Champlain change the method used by the Iroquois to fight the French

JulijaS [17]

The Battle of Lake Champlain, fought on Sep.11, 1814, ended the final British invasion of the n states during the War of 1812. the American victory denied the British any leverage to demand exclusive control over the Great Lakes or territorial gains.

4 0

3 years ago

Look at the map of the Empire of Charlemagne. Notice the areas he conquered before 814. How does the size of this area compare w

serious [3.7K]

Answer:

How does the size of this area compare with the extent of the kingdom of the Franks in 768?

The kingdom of the Franks in 768 included what is now France (except for Britanny), the Low-Countries, South-Central Germany, and what is now Switzerland.

Charlemange added Eastern Germanic territories, Northern Italy and Central Italy, and the Hispanic March.

What parts of present-day Italy did Charlemagne conquer?

He conquered Northern and Central Italy, from the Alpine Regions to Rome.

How might this affect the pope?

Rome became part of the Carolingian Empire, which subjugated the pope the Charlemagne's power. However, he and Charlemange struck a deal: the pope crowned Charlemagne as Holy Roman Empire, and Charlemagne gave the pope direct control over a few areas in central Italy: in what became the Papal States.

7 0

3 years ago

Proofread this excerpt from a review of the film The Great Gatsby. Which sentence contains spelling errors?

Leya [2.2K]

Answer:

"The director did a Wonderful job of portraying the decadince (decadence) and luxury of the Jazz Age."

Explanation:

To proofread is to read and go through a given text and make sure that there are no mistakes. It also involves the improvement and correction of any mistakes, be it punctuation or spelling.

In the given passage about a review of the film "The Great Gatsby". And in reading through the passage, the sentence that contains the spelling mistake is "The director did a wonderful job of portraying the decadince and luxury of the Jazz Age." Here, the mistake is in the spelling "decadince", which should be "decadence".

4 0

3 years ago

!!! 13 POINTS !!! Where did many Mexican immigrants settle in the United States?

vladimir1956 [14]

California, Texas and Illinois
Most immigrants from Mexico settled in California (37 percent), Texas (21 percent), and Illinois (6 percent). the distribution has however shifted to other areas such as Los Angeles, Chicago, Houston, and Dallas metropolitan areas.

6 0

3 years ago

Which of the following is the best description of Richard the Lionhearted?

damaskus [11]

Answer:

Explanation:

The son of Eleanor and a hero of the crusades.

6 0

3 years ago

Read 2 more answers