Economic depression

{
  "id": "MLC-T-AGR-002032",
  "term": "Economic depression",
  "field": "Agriculture and food",
  "definition": "A multi-year extended period of declining economic growth which is typically seen as being more severe than an economic recession, e.g., gross domestic product declines by more than 10 percent.",
  "subject": "Economics, Trade, Law, Business, Industry",
  "see_also": [
    "economic outlook and situation",
    "economic recession",
    "business cycles",
    "gross domestic product",
    "gross national product"
  ],
  "references": [
    "NAL Agricultural Thesaurus and Glossary"
  ],
  "translations": {
    "es": "depresión económica"
  },
  "url": "https://mlchart.com/terminology/agriculture/economic-depression/"
}