There´s a depression
The recession worsens into a depression.
Just the opposite happens. In a recession, unemployment increases and the demand for goods decreases.
After a recession, the unemployment rate will go down.
When unemployment increases during a recession, there's a depression.There's a depression.
Recession For A+ Cheaters ( ;
Because more people become unemployed than employed.
An Economic Recession is a period of economic contraction (The Growth Rate shrinks and becomes stagnant)
apply for welfare
increase
it falls
Depression
Unemployment rate rises as output falls so fewer workers are needed. Cosumption falls as people become poorer due to unemployment so they cannot spend but save so this leads to a fall in investment as firms dont make as much profit due to less people spending.