great depression

t nation. Recessions are caused by a drop in the total amount of spending in any given economy. For example if Roca Wear was sailing one million dollars worth of clothes but people are only buying a half million dollars worth of clothes. The Roca Fela company who supply the Roca Wear to all the stores will have to cut back on production of Roca Wear. They company of Roca Fela now will need fewer workers to supply the stores with Roca Wear, and so layoffs, cut wages, and unemployment increase. Now lets say the people who worked at Roca Fela brought most of the Roca Wear clothing. they now have less money to spend because of there unemployment or cut wages. There is now a further decreasing demand for Roca Wear. As this pattern spreads, a recession of the Roca Fela Company begins. A recession that grows worse and lasts longer then a year becomes categorized as a depression.
             Now that a nation or a country is in a recession they are having problems with there money. They need money to raise the economy and the productivity of trade. The only problem
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great depression. (2000, January 01). In MegaEssays.com. Retrieved 01:00, October 16, 2026, from https://www.megaessays.com/viewpaper/19248.html