A recession is defined as a period of two or more successive quarters of decreasing
production. Production is measured by a number of variables. Real Gross Domestic
Product is one important measure. We will focus mainly on it.
The Great Depression was a period of about 10 years, 1929-1940, dominated by two
recessions. The first of those recessions was of unparalleled depth, and that was what
caused people to refer to it as a depression and as "The Great Depression." There is
no general definition of a depression, however, and until recently the decline of
1929-1940 was the only decline refered to as a "depression." More...
Your friend and brother,
John W. Redelfs, [EMAIL PROTECTED]
/// ZION LIST CHARTER: Please read it at ///
/// http://www.zionsbest.com/charter.html ///
This email was sent to: email@example.com
EASY UNSUBSCRIBE click here: http://topica.com/u/?aaP9AU.bWix1n
Or send an email to: [EMAIL PROTECTED]
T O P I C A -- Register now to manage your mail!