Examlex
With respect to culture and consumer behavior,
Depression
A severe and prolonged downturn in economic activity, characterized by significant declines in GDP, high unemployment, and deflation, more extreme than a recession.
Prosperity
A state of flourishing, success, or good fortune, especially in financial terms.
Other-Things-Equal Assumption
The assumption that factors other than those being considered are held constant; ceteris paribus assumption.
Variables
Elements, features, or factors that are subject to change within a mathematical formula, experiment, or statistical analysis.
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