asked 178k views
5 votes
An extended recessionary period is indicative of....

1 Answer

3 votes

Answer:

Depression

Step-by-step explanation:

Depression is a stronger way of recession. It is an expanded recession that can last for years, where economy crashes. Unemployment goes high, real estate goes down.

Depression can last for years and it can cause many side effects. One of them was The Great Depression that happened in 1929 and devastated the US economy.

answered
User Faraaz Kurawle
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