depression

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depression

noun debasement, decline, deflation, depreciation, despondence, despondency, dispiritedness, dolefulness, economic decline, gloom, lowering, lowness, maeror, sinking, slump
Associated concepts: economic depression
See also: anguish, curtailment, decrease, distress, pessimism, prostration
References in periodicals archive ?
During the Great Depression, the economy contracted between 1929 and 1933, there was the beginning of a recovery, but then a second recession from 1937 to 1939.
Do they help us see the Great Depression as a major site for adaptation and creativity in modern American history, in this case in the seemingly unlikely area of religion?
Finally, those who view the Great Depression as fundamentally a product of tight fiscal policies and "Treasury orthodoxy" overlook the much greater culpability of a fixed exchange-rate regime for the transmission of bad monetary policy, and thus for fueling the contraction.
Each author's section starts with an introduction to the author's educational and professional background and the primary contributions the author has made to the study of the Great Depression.
Much has been made of the parallels between the Great Depression and the current economic downturn.
You're talking about the biggest contraction in an industrialised country since the Great Depression.
While "Black Tuesday" contributed to the onset of the Great Depression, Galbraith argues that it was only one of many factors, including gross inequalities in income distribution, lax government regulations, foreign trade imbalances, and poor contemporary economic guidance.
One of the greatest works was the 1939 novel 'The Grapes of Wrath', which was set during the Great Depression, which focuses on a poor family of sharecroppers, the Joads, driven from their home by drought, economic hardship, and changes in the agriculture industry.
YOU CAN'T OPEN THE paper these days without reading something like, "This is the (fill in the blank: worst, biggest, first time) since the Great Depression.
The Great Depression was a devastating event for many families, both economically and emotionally.
1930: The Great Depression halts the Great Migration.
The story is set in the year that Franklin Delano Roosevelt is elected, during the height of the Great Depression.