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Define the following terms:

recession:
depression:
expansion:
this is for economics.​

1 Answer

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Answer:

Step-by-step explanation:

Recession- a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

depression- a overwhelming feeling of despair that often leads to sui.ci.al thought or su.ic.ide .

expansion- the action of becoming larger or more extensive.

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