What is a Depression? The Difference Between a Recession and Depression #shorts
Watch the full Video: ✨ https://youtu.be/fdeJB2PNgig ✨
For more content like this VISIT our 🤑 YouTube 🤑 Chanel:
https://www.youtube.com/channel/UC64k4QOpjNxNtL62l9YAKtg
____________________________
What is a Recession VS Depression?
In this video, we'll be talking about the difference between a recession and a depression.
Let's start with the basics.
First, let's start with the definition of each term.
A recession is defined as an economic downturn that lasts more than two quarters. It's usually caused by an external shock to the economy, like rising oil prices or a natural disaster. A depression is any severe period of high unemployment and low business activity—it's also known as a "deep recession."
So how do you know when you're in a depression?
Well, if your stock market closes down for a few days or more, that's probably not good news.
A depression is when things get really bad—like if there's widespread unemployment and poverty across the entire nation (or even worse).
That means there are lots of people who can't afford to buy anything, which means stores are going out of business left and right and companies are laying off employees left and right, which means more people are unemployed…
so on and so forth until everything crashes down around your ears.
____________________________
Awesome Goodis 👇
Do you want to develop yourself personally and financially?
Here are some amazing products that can get you where you belong.👇
✨ Investing in dividend stocks is a great way to create a passive income stream. By investing in high-quality companies with strong track records of paying dividends, you can build a portfolio that will provide consistent income payments for years to come.
➡️ https://bit.ly/high-dividend-stocks
✨ Has HIGH Inflation Affected Your Financial Situation? Not Enough Money To Pay Your Bills? Or Just Struggling Pay Check TO Pay Check?
Here Is How You Can Fix It IMMEDIATELY!
➡️ https://bit.ly/miracle_money_magnet
✨ Looking for something that could elevate your trading results up to a new level and therefore the quality of your life?
➡️ https://bit.ly/forexstarligh
✨ Learn the NFT Secrets that 99% of people don’t Know yet.. Will you grab it before it's too late to cash in on this gold rush?
➡️ https://bit.ly/club-nftninja
✨ FX Power Trades, a fully automated trading solution for Retail Traders.
➡️ https://bit.ly/FX-POWER-TRADES
____________________________
💸 Do you want to support our channel❓
Then visit our Merch Shop and carry our message into the world.
Become part of the 101 family
⭐ https://bit.ly/Financial-E-Merch_Shop ⭐
____________________________
#recession #depression #financialeducation #moneymotivation #shorts
____________________________
DISCLAIMER: We are not financial advisers. These videos are for educational and entertainment purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your responsibility.
The Links under “awesome Goodis” are affiliate links, meaning if you make a purchase using the link, We will receive a small commission at no extra charge to the buyer.
____________________________
-
1:13:51
Glenn Greenwald
6 hours agoFlashback: Glenn Retraces the 30-Year Domestic War on Civil Liberties that Launched Gore Vidal’s Political Transformation | SYSTEM UPDATE SPECIAL RERUN
61.8K77 -
1:17:04
Man in America
8 hours ago🚨 RED ALERT: Milton, Helene & The Plan to DECIMATE the US to Build 15-Minute Cities
40.9K69 -
2:32:11
WeAreChange
7 hours agoBiden EXPOSES Kamala’s Hurricane Fabrication! Musk To Jail??
87.5K72 -
1:18:35
Redacted News
10 hours agoHIGH ALERT "GET OUT NOW OR DIE" FLORIDA OFFICIALS WARN STATE IS ABOUT TO BE DESTROYED | REDACTED
171K840 -
1:10:14
Josh Pate's College Football Show
10 hours agoWeek 7 Predictions: OhioSt vs Oregon | OU vs Texas | PennSt vs USC | OleMiss vs LSU | NEW JP Poll
39.4K4 -
59:57
Flyover Conservatives
23 hours agoWho is “Rich" and How Much Should We Tax “Them”? - Clay Clark; Economic Update - Dr. Kirk Elliott | FOC Show
44.1K7 -
54:55
LFA TV
1 day agoDemocrats in No Rush to Help Disaster Victims Vote | Trumpet Daily 10.8.24 9PM EST
35.8K10 -
4:37:33
Tundra Gaming Live
6 hours agoThe Worlds Okayest Slayer Of Undead Hords Becomes Spiritborn
47.4K2 -
59:21
Edge of Wonder
8 hours agoThe Military Industrial Complex & Breakaway Civilizations?
50.3K12 -
43:02
Chrissy Clark
6 hours agoWedding Recap, Trump On ‘Call Her Daddy’ & MORE! I Underreported Stories
41.7K31