What is the difference between a recession and a depression? Depressions are longer and more severe than recessions. Recessions are longer and more severe than depressions. Recessions usually have no unemployment while depressions do. Depressions usually have no unemployment while recessions do.

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Darryl Erickson

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15 November, 08:52

What is the difference between a recession and a depression? Depressions are longer and more severe than recessions. Recessions are longer and more severe than depressions. Recessions usually have no unemployment while depressions do. Depressions usually have no unemployment while recessions do.

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Vance Day · Answer 1

The difference between a recession and a depression is that "depressions are longer and more severe than recessions." Both recessions and depressions involve certain levels of unemployment.