Definitions of depression
an extended period of economic downturn usually involving high unemployment and poor business climate
Every major economic depression in the U.S. was caused by a deflation (=fall in price) of excess credit.
substantivo
full
noun
an extended period of economic downturn usually involving high unemployment and poor business climate
Every major economic depression in the U.S. was caused by a deflation (=fall in price) of excess credit.