Answer :
The difference between a recession and a depression is that "depressions are longer and more severe than recessions." Both recessions and depressions involve certain levels of unemployment.
Answer:
Depressions are longer and more severe than recessions.
Explanation:
Depressions are an extreme form of recessions. They´re unusual but their characteristics are a long-term downturn on economic activity. A major increase in unemployment, a large number of bankruptcies and, a highly volatile currency value fluctuations.
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