USA HISTORY

THE GREAT DEPRESSION 1929 1940

THE GREAT DEPRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Recovery
A
fix this economy
B
prevent a future depression
C
direct help to the people (jobs, $)
D
None of the above
Explanation: 

Detailed explanation-1: -What is an economic recovery? A recovery happens when an economy returns to positive actual growth following a recession. During a recovery, real national output moves closer to the previous peak. The amount of spare capacity starts to fall – measured for example by the output gap and the unemployment rate.

Detailed explanation-2: -Despite Global Inflation, the U.S. Economic Recovery Is Among the Strongest of G-7 Nations. The U.S. economy remains stronger than many of its global counterparts, despite global economic pressures.

Detailed explanation-3: -Despite international spillovers and a challenging global environment, the Indian economy is navigating a path of recovery. In the Indian financial system, healthier balance sheets are enabling a robust recovery of credit flows even as profitability is improving, ” the banking regulator said in the report.

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