What Is the Difference Between a Recession and a Depression

question 68

Multiple Choice

What is the difference between a recession and a depression?

• A)A depression is a short-term decrease in economic growth,while a recession lasts several quarters or even years.
• B)A depression and a recession are functionally equivalent and are interchangeable terms.
• C)Recessions can only occur in developed countries,as lesser developed countries lack the institutions that make recessions possible;depressions can occur in any country.
• D)Depressions are long-term downturns in the business cycle leading to a variety of economic problems,while recessions are merely declines in economic growth and activity.
• E)Recessions are predictable,while depressions usually do not offer any warning.

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Definitions:

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Encompasses all forms of physical and emotional ill-treatment, sexual abuse, neglect, and exploitation that results in actual or potential harm to the child's health, development, or dignity.

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Techniques or strategies used to manage stress, challenges, or emotional conflicts in a productive manner.

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Exhibiting behavior characterized by excessive movement, impulsivity, and difficulty with maintaining attention.