*noun*; prolonged economic crisis characterized by drastic (i.e., >20%) decline in output, reduction in employment, and deflation. Other technical conditions include a liquidity trap and "permanent" (i.e., persisting in many sectors for several quarters) failure to reach equilibrium.

Usually the word "depression" (when referring to economics) is used to refer to the Great Depression, although in fact there were eight incidents of a global depression between 1815 and 1922. These were
--- 1815-21
--- 1832-33
--- 1837-44
--- 1854-57
--- 1867-68
--- 1876-79
--- 1893-96
--- 1920-22
In addition, there have been many localized depressions, panics (e.g., the 1907 Panic {USA}, followed by the Mexican Depression of 1908), and recessions.

DIFFERENCE BETWEEN RECESSION & DEPRESSION

The technical distinction between a recession and depression can vary, although economists usually agree on which is which. In Keynesian economics, a depression is defined by the existence of a flat liquidity-money (LM) curve (which means that interest rates have no influence on people's determination to hold their wealth as cash); and/or a nearly vertical investment-s...

When web entrepreneurs use the traditional blog as a medium to establish their foothold on the web. The main intent of the blog is to provide information and feedback about subjects that have both substance and importance. The blog is often utilized as the central hub for the various interests of the author.

Donald Trump's Hair Style; Trompe l'oiel in French pronounced TRUMP-LOY, means trick of the eye. The Trump Trompe L'oiel refers the hair style of Entrepreneur Donald Trump, as his hairstyle itself is a "trick of the eye". It is in fact the most famous comb-over in the history of comb-overs. There have been many entrepreneurs who made a lot of money only to die and be forgotten. In a hundred years after the death of Donald Trump, he will not be remembered for his entrepreneurial achievements; rather he will be remembered for his hair.

A dope art-driven clothing brand.
Rise Up is a cooperative of artists, idealists and social entrepreneurs, who are using fashion, art, and anti-poverty campaigns to create positive social changes in the world.

A person who claims to be self-employed, a small business owner, or an entrepreneur, but really just sits around all day thinking about those things. Nontrepreneurs frequently boast about "flexible" work hours, being their own boss, and not working for "the man." However, unlike entrepreneurs, they rarely start profitable businesses that provide a valuable good or service to the economy. Instead, they usually get wrapped up in pyramid schemes.

Somebody who likes to generate new and innovative ideas - whether for business or other purposes - and to help realize them. Includes but not limited to entrepreneurs.

Somebody who likes to generate new and innovative ideas - whether for business or other purposes - and to help realize them. Includes but not limited to entrepreneurs.