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Definición de “depression” en inglés


noun [C or U]     /dɪˈpreʃən/ ECONOMICS
a recession (= time of low economic activity , when investments lose value , businesses fail and people lose their jobs ) that lasts for a long period of time , usually several years : plunge/slide into depression The Thirties saw the world plunge into depression. The Wall Street Crash of 1929 brought severe economic depression and hardship to Canada. This was a period of deep depression. For most of the 20th century , economists focused on understanding and controlling inflation and depressions. New mines are being developed and old mines reopened , lifting communities across Northern Nevada out of the depression left by the industry's last crash . → Compare boom, recession, slump
the Depression (also the Great Depression) the period in the years after 1929 until the middle of the 1930s, or, in some cases , the 1940s, when there was a very low level of economic activity in the US, Europe , and many other countries . Many people lost their jobs and were very poor : The Federal Home Loan Bank system was created in the 1930s by the federal government to stimulate lending during the Depression. → Compare Wall Street Crash
(Definition of depression noun from the Cambridge Business English Dictionary © Cambridge University Press)
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