Question

Question 31

In this time period the word used for an economic downturn or depression was
A
B
C
D
Downturn
Recession
Dip
Panic
b
10

Answer 1

The word used for an economic downturn or depression in this time period was Recession.

Step-by-step explanation:

In this time period the word used for an economic downturn or depression was Recession.

During economic recessions, there is a significant decline in economic activity and an increase in unemployment and prices. This term is commonly used to describe periods of economic decline, characterized by reduced spending, production, and investment.

For example, the Great Depression of the 1930s is considered one of the most severe recessions in history, characterized by a devastating economic decline worldwide.

Learn more about Economic downturns and depressions