economic depression

economic depression
An unhappy state in commerce and industry, carried over to the entire populace, resulting from decreasing business, falling prices, the closing down of factories, wide-spread unemployment, and increasing numbers of people subsisting on public welfare. See Great Depression.

Ballentine's law dictionary. . 1998.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • economic depression — low point in a financial and commercial state …   English contemporary dictionary

  • Depression — or depress(ed) may refer to: Medicine Depression (mood), a state of low mood and aversion to activity Mood disorder, a class of mental illnesses featuring depressed mood Major depressive disorder, one of the mood disorders, commonly referred to… …   Wikipedia

  • depression — I noun debasement, decline, deflation, dejection, depreciation, despondence, despondency, disheartenment, dispiritedness, dolefulness, economic decline, gloom, lowering, lowness, maeror, sinking, slump, tristitia associated concepts: economic… …   Law dictionary

  • economic — I adjective cost effective, cost reducing, economical, labor saving, money saving, time saving, thrifty associated concepts: economic activity, economic conditions, economic depression, economic groups, economic factors, economic interest,… …   Law dictionary

  • depression — [dē presh′ən, dipresh′ən] n. [ME depressioun < OFr depression < L depressio: see DEPRESS] 1. a depressing or being depressed 2. a depressed part or place; hollow or low place on a surface 3. low spirits; gloominess; dejection; sadness 4. a… …   English World dictionary

  • Depression (economics) — The stock market crash of 1929 marked the start of the greatest depression in modern history with some effects felt through 1945. In economics, a depression is a sustained, long term downturn in economic activity in one or more economies. It is a …   Wikipedia

  • Economic history of the United Kingdom — The economic history of the United Kingdom deals with the history of the economy of the United Kingdom from the creation of the Kingdom of Great Britain on May 1st, 1707,[1] with the political union of the Kingdom of England and the Kingdom of… …   Wikipedia

  • Economic history of Britain — This is a history of the economy of the United Kingdom and of the countries that joined to form it in 1707 and 1801.Early historyIn Britain s earliest history agriculture was overwhelmingly dominant. The most important export was cassiterite,… …   Wikipedia

  • Economic collapse — An economic collapse is a devastating breakdown of a national, regional, or territorial economy. It is essentially a severe economic depression characterised by a sharp increase in bankruptcy and unemployment. A full or near full economic… …   Wikipedia

  • Depression of 1920–21 — A 1919 parade in Minneapolis for soldiers returning home after World War I. The upheaval associated with the transition from a wartime to peacetime economy contributed to a depression in 1920 and 1921. The Depression of 1920–21 was an extremely… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”