When the economy goes into a deep, widespread, and prolonged downturn, it is called an ________.

Name: When the economy goes into a deep, widespread, and prolonged downturn, it is called an ________.
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An economic depression is a severe and prolonged downturn in the economy, characterized by high levels of unemployment, decreased economic activity, and low levels of consumer spending. This term is used to describe a more severe form of recession.

When the Economy Goes into a Deep, Widespread, and Prolonged