Understanding Depressions

21st-Century Economics

Author (s) : Chet’la Sebree

Publisher Marshall Cavendish: Cavendish Square Publishing
Publication Year 2019
Copyright Year 2020
eBook ISBN 13 9781502645951
ISBN13 9781502645944
Page 80
Language English
Category: Tag:


What are economic depressions, and what causes them? Through this book, students will gain an understanding of economic cycles and how depressions are not part of the normal ebb and flow. They will learn what triggers these extreme economic downturns and how countries try to recover from them through the real-world example of the Great Depression. Readers will explore 21st century recessions in the U.S., Greece, and Argentina, and learn how they did not become depressions.