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Economic depressions
1

-- See Depressions


Subdivided by date and, if world wide, may be further subdivided by country, city, etc., e.g. Depressions--1929--United States; Depressions--1929--Illinois--Chicago
2

-- See Economic Recession


Significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real gross domestic product, real income, employment, industrial production, and wholesale-retail sales. (National Bureau of Economic Research, Inc, www.nber.org/cycles.html, accessed 4/23/2009)
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