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What is the difference between a reccession and a depression?
Recession refers to a temporary economic decline whereas a depression is a period of prolonged downturn in economic activity
What is the difference between an economic recession and an economic depression?
An economic recession is "an extended decline in general business activity, typically three consecutive quarters of falling real gross national product and gross demostic product." An economic depression is "a period of drastic decline in a national or international economy.
What is the opposite terminology of economic growth?
Economic Decline
What caused the economic prosperity in northern Europe?
A lull in fighting between countries and by the decline of famine and the plague.
What would be the effects of a decline in GDP?
Stagnation or decline of economic growth .
What is the difference between a reccession and a depression?
Recession refers to a temporary economic decline whereas a depression is a period of prolonged downturn in economic activity
What is the difference between an economic recession and an economic depression?
An economic recession is "an extended decline in general business activity, typically three consecutive quarters of falling real gross national product and gross demostic product." An economic depression is "a period of drastic decline in a national or international economy.
What is the opposite terminology of economic growth?
Economic Decline
What caused the economic prosperity in northern Europe?
A lull in fighting between countries and by the decline of famine and the plague.
What would be the effects of a decline in GDP?
Stagnation or decline of economic growth .
What is a period of economic decline?
Recession
What caused spanish naval superiority to decline in the 1600s and 1700s?
Economis decline is what caused the naval superiority to decline then
What happened to the Ottoman Empire by 1914?
Decline to abut a third of into greatest size
Which region experienced the greatest decline in the percentage of legal immigrants entering the US between the early and mid 1900s?
Ma dick
What is economic recovery?
recovery is the end of recession or decline.
What are the effects of poverty in Tanzania?
decline in economic growth
What could be the social and economic consequences of such a decline?
Direly
