Economy, asked by aggarwal6772, 4 months ago

(c) In the source, what do you understand by depressed economy?

(i) Low economic growth (ii) High economic growth

(iv) Mild economic growth (iv) Very high economic growth​

Answers

Answered by sdirector7
3

Answer:

Economic depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle.

Explanation:

So by the defn, Low economic growth for long term.

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