English to Arabic translations [PRO]
Bus/Financial - Economics | | English term or phrase: depression crisis | Heading for a Depression Crisis?
To remind you, a depression is defined as a decline in per-person GDP or consumption of 10% or more. Barro's new research classifies just two such U.S. events since 1870: the Great Depression from 1929 to 1933, with a macroeconomic decline of 25%, and the post-World War I years from 1917 to 1921, with a fall of 16%. He has also assembled long-term data on GDP, consumption and stock-market |
| Amal QDKudoZ activityQuestions: 123 ( 1 open) ( 2 closed without grading) Answers: 0
United States
| Local time: 18:20
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| | أزمة كساد | Explanation:
In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe downturn than a recession, which is seen as part of a normal business cycle.
Considered a rare and extreme form of recession, a depression is characterized by its length, and by abnormal increases in unemployment, falls in the availability of credit, shrinking output and investment, numerous bankruptcies, reduced amounts of trade and commerce, as well as highly volatile relative currency value fluctuations, mostly devaluations. Price deflation, financial crisis and bank failures are also common elements of a depression.
http://en.wikipedia.org/wiki/Depression_(economics) |
| Selected response from:
 Ziad Alghamdi
Saudi Arabia
Local time: 02:20
| Grading comment thanks ziad
4 KudoZ points were awarded for this answer |
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4 mins confidence:   peer agreement (net): +5 | أزمة كساد
Explanation:
In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe downturn than a recession, which is seen as part of a normal business cycle.
Considered a rare and extreme form of recession, a depression is characterized by its length, and by abnormal increases in unemployment, falls in the availability of credit, shrinking output and investment, numerous bankruptcies, reduced amounts of trade and commerce, as well as highly volatile relative currency value fluctuations, mostly devaluations. Price deflation, financial crisis and bank failures are also common elements of a depression.
http://en.wikipedia.org/wiki/Depression_(economics)
| Ziad Alghamdi
Saudi Arabia
Local time: 02:20
Works in field
Native speaker of:  Arabic
PRO pts in category: 8
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