Answer:
B) depression is the correct answer
Explanation:
Recession refers to a vital drop in economic activity.
Recession period causes financial loss while some of the companies become ruined.
During the recession period, the unemployment rate is high which is indicative of depression and people suffer from financial crises and gross domestic product decline.
In the recession period, there is a decline in the income, sales, GDP, employment and manufacturing
Thus An extended recessionary period is indicative of a start of depression"
