A few days ago
what do you mean by DEPRESSION in economics? a deeep trough is called a slump or depression?
what do you mean by DEPRESSION in economics? a deeep trough is called a slump or depression?
Top 2 Answers
A few days ago
Favorite Answer
A depression is when an economy is going down. it’s when industies are closing and theres less money going into a country.
The opposite to this is a boom. When the economy of a country is rising
For reference research the great depression
0
A few days ago
A drop in demand which leads to falling prices and unemployment is known as depression in economy.
0
- Academic Writing
- Accounting
- Anthropology
- Article
- Blog
- Business
- Career
- Case Study
- Critical Thinking
- Culture
- Dissertation
- Education
- Education Questions
- Essay Tips
- Essay Writing
- Finance
- Free Essay Samples
- Free Essay Templates
- Free Essay Topics
- Health
- History
- Human Resources
- Law
- Literature
- Management
- Marketing
- Nursing
- other
- Politics
- Problem Solving
- Psychology
- Report
- Research Paper
- Review Writing
- Social Issues
- Speech Writing
- Term Paper
- Thesis Writing
- Writing Styles