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A depression is much more severe.
Recessions are a natural part of the economic cycle, just as the trough of a wave must follow the peak.
A depression lasts longer, has higher unemployment and a greater decrease in stock prices.
It is likely that a depression has a different cause, from an Economics point of view, than a recession.
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Earn +20 ptsQ: What is the difference between a depression and a necession?
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