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Social sciences → Economics
ANSWERS: 1
  • Anonymous
    “a severe and prolonged recession characterized by inefficient economic productivity, high unemployment and falling price levels.” Technical or not, it’s a word that references nearly 25 percent unemployment at its peak and conjures up images of soup lines and people losing everything. -http://www.businessandmedia.org/articles/2008/20080314131851.aspx There is no widely-agreed-upon definition for a depression -http://en.wikipedia.org/wiki/Economic_depression
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