Recession vs. Depression – What are the Differences?

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Recession vs. Depression – What are the Differences?

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  • This paper analyzes the following statement: “A recession is a downtrend in the economy that affects production and employment and produces lower household income and consumer spending. The effects of depression are much more severe, characterized by widespread unemployment and major stifling in economic activity.”
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Recession vs. Depression – What are the Differences?

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Sample Text From This Article

“Within a recession, there is also a drop in four additional crucial economic indicators: employment, income, manufacturing, and retail sales. As these reports are produced monthly, they generally signal a looming recession long before the GDP shifts negative.”

Meta Description for this Article

“To help you understand and possibly prepare for the dynamic twists and turns of an economic predicament, this article will explain these two financial terms and what you need to know about their differences.”

  • 34 words used
  • 173 characters used (with spaces)

Meta Description – HTML code:

<meta name=”description” content=”To help you understand and possibly prepare for the dynamic twists and turns of an economic predicament, this article will explain these two financial terms and what you need to know about their differences.”/>

Keywords Used within this Article

Frequency – (Percentage used within Article) – Keyword

14 (4%) recession
12 (4%) economic
11 (3%) depression
6 (2%) GDP
5 (2%) period
5 (2%) recessions
4 (1%) NBER
4 (1%) years
3 (1%) become

Article Writing Brief - 'Recession vs. Depression – What Are the Differences?'

This paper analyzes the following statement:

“A recession is a downtrend in the economy that affects production and employment, and produces lower household income and consumer spending. The effects of a depression are much more severe, characterized by widespread unemployment and major stifling in economic activity.”

Referencing Used

The Referencing style used with this article:

  1. Minimum 4 x credible, peer-reviewed articles and respected websites
  2. 1 x free/ full rights image courtesy of Unsplash
  3. A separate, formatted Reference section is at the end of the article

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