Economic Depression Law and Legal Definition
Economic depression is an unhappy state in commerce and industry, carried over to the entire populace, resulting from decreasing business, falling prices, the closing down of factories, wide-spread unemployment, and increasing numbers of people subsisting on public welfare.
Legal Definition list
Related Legal Terms
- Acute Economic Need
- Bureau of Economic Analysis
- Bureau of Economic, Energy, and Business Affairs [EEB] [Department of State]
- Centre of Predominant Economic Interest
- Community and Economic Development Entity (CEDE)
- Consequential Economic Loss
- Constitutional economics
- Council of Economic Advisers [CEA]
- Crop of Economic Significance
- Depression
