Depression

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Related to unipolar depression: Unipolar disorder

Depression

Period when excess aggregate supply overwhelms aggregate demand, resulting in falling prices, unemployment problems, and economic contraction.

Depression

A particularly long and/or deep recession. While there is no technical definition of a depression, conventionally it is defined as a period featuring severe declines in productivity and investment and particularly high unemployment. During the Great Depression, for example, GDP in the United States dropped 12% between 1929 and 1930 and a further 16% the following year. Likewise, unemployment rose to more than 25% nationwide and higher in some places.

Depression.

A depression is a severe and prolonged downturn in the economy. Prices fall, reducing purchasing power. There tends to be high unemployment, lower productivity, shrinking wages, and general economic pessimism.

Since the Great Depression following the stock market crash of 1929, the governments and central banks of industrialized countries have carefully monitored their economies. They adjust their economic policies to try to prevent another financial crisis of this magnitude.

depression

see BUSINESS CYCLE.

depression

a phase of the BUSINESS CYCLE characterized by a severe decline (slump) in the level of economic activity (ACTUAL GROSS NATIONAL PRODUCT). Real output and INVESTMENT are at very low levels and there is a high rate of UNEMPLOYMENT. A depression is caused mainly by a fall in AGGREGATE DEMAND and can be reversed provided that the authorities evoke expansionary FISCAL POLICY and MONETARY POLICY. See DEFLATIONARY GAP, DEMAND MANAGEMENT.
References in periodicals archive ?
Emerging evidence from classical and molecular genetics suggests that the division between both unipolar depression and bipolar disorder and between bipolar disorder and schizophrenia is likely to be over-lapping.
In the second trimester, the prevalence of depression was about 52% among women with a history of bipolar disorder, about 34% among those with a history of unipolar depression, and about 8% among women with no history of a mood disorder.
5) than between alcoholism and unipolar depression (odds ratio of 1.
Psychological behaviorism (PB) was selected because it has been shown to have heuristic value for organizing the disparate research on intelligence (Leduc, Dumais, & Evans, 1990), unipolar depression (Heiby & Staats, 1990; Staats & Heiby, 1985), anx iety disorders (Hekmat, 1990), and other forms of psychopathology for which there is no generally accepted theory (Eifert & Evans, 1990; Staats, 1996).
Future research might examine whether the gender difference in unipolar depression is attenuated when femininity is measured and statistically controlled for.
Conventional antidepressants also have been shown to be effective prophylactic treatments for recurrent unipolar depression.
Fore Pharma announced the results of its Unipolar Depression patient population study in a new report Global Unipolar Depression Epidemiology and Patient Flow Analysis - 2012'.
Sommer and her associates studied 25 patients who had been diagnosed with fibromyalgia, 10 diagnosed with unipolar depression, and 25 healthy controls who were matched by age and sex with the fibromyalgia patients.
For the purposes of this Challenge, the term "depression" refers to unipolar depression.
The study was carried out on 811 individuals with moderate to severe unipolar depression.
Depression sourcebook; basic consumer health information about unipolar depression, bipolar disorder, dysthymia, seasonal affective disorder, postpartum depression, and other depressive disorders.
Ongoing studies strongly suggest that IPSRT also is effective in unipolar depression and other disorders involving sleep disruption, she said.