Depression

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Related to psychotic depression: Psychotic disorder, Psychotic episode

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 ?
Interest in mifepristone as an antidepressant grew from the observation of high cortisol levels in patients with psychotic depression, he said.
For example, the mean ranks for psychiatrists were highest and substantially higher than ratings for the other mental health professionals for the psychotic depression and borderline personality disorder cases.
The Psychotic Depression Therapeutics Market is Forecast to Show Slow Growth until 2018
Psychiatrist Brian Harris told the inquest: "He was suffering from psychotic depression.
He was diagnosed in hospital as having psychotic depression.
Rates and predictors of manic switches from psychotic depression, stimulant response in children with attention deficit hyperactivity disorder and manic symptoms, behavioral toxicity and stimulant rebound in inpatient children, possible bipolar risk factors in preschool children and diagnostic implications of SSRI adverse events are the data-driven papers included in this volume.
The patients' mean age was 49 years; 20% had bipolar disorder and 20% had psychotic depression.
High levels of the steroidal hormone cortisol cause the extreme symptoms of psychotic depression.
The difficulties in treating psychotic depression begin with its recognition.
He held-up an elderly lady at knifepoint which he blamed on psychotic depression.
Malaspina: According to the APA guidelines, ECT is most often used in medication-resistant major depression, psychotic depression, catatonia, severe or medication-refractory mania, and acute exacerbations of schizophrenia.