A depression is a deep and extended slump in total business activity, where both buying and selling drop, causing a decline in production, prices, income and employment. Money becomes limited, many businesses fail and many workers lose their jobs. Unemployed workers have less money to spend, which leads to further drops in sales and demand for products, which leads to decreased production and more employees losing their jobs. This seemingly endless downward spiral can continue …
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showed last 75 words of 2526 total
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