Finance Questions

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Question: Will you help answering my Personal Finance class question?

My teacher was discussing with my class about how the stock markets have dropped tremendously and wanted us to figure out what our country could enter if it continues. She also informed us that it had happened in the 1970's. And its not depression. Is it resession?? Thank you so much!

Answer: And see if your teacher has heard this one...

Q: What is the difference between a recession and a depression?

A: A recession is when your neighbor is out of work. A depression is when you are out of work!

Hon. Saleh answers questions on Bonna Bagagawale