why there is low level of national income and employment during the time of depression?
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Lower income and unemployment were associated with a higher prevalence of psychological distress and treatment of depression. The association between psychological distress and income showed a threshold: the lowest income quintile had an especially high prevalence, while other quintiles had similar prevalences
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Low Level of National Income and Per Capita Income: The root cause of capital deficiency in under-developed countries is low level of real national and per capita income which limits to the motives of savings and investments. Due to lack of desired investments, capital formation has no increase.
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