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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.

depression

see BUSINESS CYCLE.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
A double-blind randomized comparison of nortriptyline plus perphenazine versus nortriptyline plus placebo in the treatment of psychotic depression in late life.
For whatever reason - Joe believes he may have been suffering from psychotic depression, in which a person can snap into a sudden state of paranoia - Song had turned a rifle on police who had arrived.
Behavioral disorganization will help to differentiate, as psychotic depression is not associated with grossly disorganized behavior and disorganized speech, (6,20,38) although depressed adults with intellectual disability may appear agitated.
Mrs Davies was diagnosed as suffering from psychotic depression and although she received treatment she did not "engage with the mental health team in a meaningful way".
Michelle suffers from psychotic depression, she is a serious self-harmer and regularly cuts herself with razors.
SAN FRANCISCO -- Results from the first large double-blind trials of an antiglucocorticoid agent for the treatment of psychotic depression suggest that subsets of patients may respond to mifepristone therapy, Dr.
For the one case rated most severe and involving the use of medication (psychotic depression), psychiatrists were rated higher than psychologists, who were rated higher than counselors.
In other studies the relation between low serum cobalamin levels and cognitive status was investigated in older subjects with psychotic depression, in a comparison with subjects with non-psychotic depression.
Richard's descent happens dramatically; he falls first into the darkness of manic-depressive behaviors and later into full-blown psychotic depression. His early emotional interest in Stella convolutes into a paranoid suspicion of her and of all women as the chasm of his own very real insanity opens at his feet and widens.
Another finding consistent with other studies: Patients with psychotic depression do particularly well with ECT.
Listed in the guide are types such as persistent depressive disorder (a depressed mood that lasts for at least two years), perinatal depression (a more serious form that many women experience after giving birth), and psychotic depression (depression coupled with a form of psychosis such as delusions), among others.