A depression is defined by economists as

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A depression is characterized by a prolonged period of economic downturn, where there is a significant decline in economic activity across the market. This includes long-lasting, deep recessions with low business profits, high unemployment, low consumer spending, and often deflation. The other options describe different economic conditions or metrics, such as the technical definition of a recession (B and C), inflation (D), and monetary policy actions (E), none of which accurately define a depression.

A Depression Is Defined by Economists as