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What is difference between depression and a recession?
A recession is a low point in the economy. A depression is an extreme low point in the economy that lasts a long period of time. We are at a recession, in the 1930's their was a depression in the US.
What do we call a period of low economic activity when a lot of people lose their jobs?
This is usually called a recession.
What is a recession start date called?
The date at which a recession starts is called a peak.
When economic activity in an economy declines it is called?
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Which of these is not a cost of recession?
low unemployment
What is difference between depression and a recession?
A recession is a low point in the economy. A depression is an extreme low point in the economy that lasts a long period of time. We are at a recession, in the 1930's their was a depression in the US.
What do we call a period of low economic activity when a lot of people lose their job?
This is usually called a recession.
What do we call a period of low economic activity when a lot of people lose their jobs?
This is usually called a recession.
What is a recession start date called?
The date at which a recession starts is called a peak.
When economic activity in an economy declines it is called?
== == == ==
What is called low point of the waves?
The low point of a wave is called the trough, which is the lowest point of a wave where the displacement is at its minimum. This is the point where the wave reaches its lowest value below the equilibrium level.
What is the low point of a mountain range called?
A low point in a mountain range is called a pass or a saddle. It is a gap between two high points that allows for easier travel across the mountain range.
Which of these is not a cost of recession?
low unemployment
What is the name of the low point of a wave?
troughits called a trough
What is a low point of a wave?
Its called the "trough"
What do we call a period of low economy activity when lot of people lose their jobs?
It is called a recession. If it lasts longer than three of four years it is called a depression.
What is a period of temporary business reduction shorter and less extreme than a depression?
This is often called a recession.
