Which economic situation is the most severe and lasts the longest? Orecession O depression O expansion

Question

asked Mar 4, 2024 70.5k views

1 Answer

← Prev Question Next Question →

Ask a Question

Martin Cron · Answer 1 · 2024-03-08T11:23:21+0000

Answer:

O depression

Step-by-step explanation:

A recession is moreso a slowdown in economic activities, whilst a depression is a crash/downturn in activity. An expansion would be an increase, and therefore would be the least severe out of the three.

Which economic situation is the most severe and lasts the longest? Orecession O depression O expansion

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions