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What is the difference between a recession and a depression? A. A recession is a period of economic growth while a depression is a period of economic contraction. B. A recession is more severe than a depression and lasts longer. C. A depression is a particularly deep recession with high levels of unemployment. D. Unlike a recession, a depression includes high levels of inflation.
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Asked 4/17/2012 10:30:49 AM
Updated 4/28/2015 3:07:35 PM
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Flagged by emdjay23 [4/28/2015 3:07:35 PM]
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User: What is the difference between a recession and a depression? A. A recession is a period of economic growth while a depression is a period of economic contraction. B. A recession is more severe than a depression and lasts longer. C. A depression is a particularly deep recession with high levels of unemployment. D. Unlike a recession, a depression includes high levels of inflation.





Question
Asked 4/17/2012 10:30:49 AM
Updated 4/28/2015 3:07:35 PM
1 Answer/Comment
Flagged by emdjay23 [4/28/2015 3:07:35 PM]
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A depression is a particularly deep recession with high levels of unemployment is the difference between a recession and a depression.

Added 4/28/2015 3:07:13 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [8/12/2016 1:37:30 PM]
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