What's the difference between a recession and a depression?

There are people whose entire careers are spent tracking and detecting the presence of recessions and depressions. These people look at a whole array of economic indicators -- from the Bureau of Labor Statistics' employment reports to the National Association of Home Builders' number of new homes being built. While there are lots of organizations dedicated to sniffing out recession, the National Bureau of Economic Research (NBER) is the group whose opinion on the matter is most widely relied upon.

In other words, if the NBER says we're in a recession or a depression, we're probably in one. Recession Image Gallery Although the word can strike fear in the hearts of more.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.