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 What is the definition of an economic depression?

Answer According to an old joke, when other people lose their jobs, the economy is in a recession; when you lose yours, it's a depression. A depression is a severe recession, although economists disagree ... Read More »
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Top Q&A For: What is the definition of an economic depression

What are the causes of an economic depression?

An economic depression is a severe downturn in the economy, even more severe than a recession, which is defined as two quarters of negative growth in GDP (gross domestic product). Although there wa... Read More »
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What are the causes of economic depression?

An economic depression is defined as a sustained or prolonged period of recession, or a significant downturn in one or more economies. Because a depression is a prolonged recession, it's best to lo... Read More »
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What is the definition of depression ?

Everyone feels sad at various times of life, but sometimes, your entire mood and your daily activities could be hampered by negative feelings. If this is the case in your life, you are suffering fr... Read More »
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What is the definition of reactive depression?

Reactive depression occurs in response to a psychosocial stressor. It is often called an adjustment disorder as the mood of an individual changes in response to the event.Mild to Moderate Depressio... Read More »
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