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The great depression was an economic recession that took place from 1929 to 1939. The unemployment was so bad it was up to 25%.Many business failed and many people were jobless and poor. It took about ten years to get out of this recession and many years to fully recover.

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measures changes in cost of living over time.

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The decrease in general level of prices but less money to go around

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Inflation is when the demand for the product is higher then the supply which causes puying power toi decrease and causes you to pay more for the same thing

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Recovery is the end of recession. Employment increases and GDP rises as well as goods

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Depression is a severe amount of recession. Businesses fail, unemployment increases and GDP decreases rapidly

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Recession is when the economy starts to slow down, the demand for products are higher, business is slower, and unemployment increases

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Prosperity is the peak of the business cycle. Everyone who wants to work works, business are producing high and the GDP is increasing.