The Emergence Machine

Depression Economics

abstract · Economics · Level 15 · E10

E10Institutions

Each concept here is mapped to its prerequisites — the ideas you'd need first to understand it — all the way down to four foundations: Space, Time, Energy, Pattern. Click any prerequisite to drill down, or scroll for the chain graph.

Trace. Question. Emerge.

Emergence definition

An economic depression involves prolonged loss of economic value, characterized by a severe decline in economic activity within a functioning economy.

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Wiktionary senses

External reference — all senses of the word “depression” on Wiktionary. This atlas concept maps to only the slice of meaning relevant to the prerequisite graph.

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Source: Wiktionary — “depression”. Content available under CC BY-SA 4.0.

Historical origin

Origin language
English

Prerequisite chain

Possible path of this concept down to the fundamental substrate.

thisfoundationsL15L14L13L12L9L2L1L0Depression Econo…MoneyTradeExchangeEconomy… intermediate l…FormLifeStructureSubstanceActionChangeCollectionMatterEnergyPatternSpaceTimeE1 concrete → E14 abstract

Neighborhood

Direct prerequisites above, concepts that depend on this one below.

thisprerequisitesDepression Econo…L15EconomyL9MoneyL14E1 concrete → E14 abstract

In other languages

Prerequisites

What you need to understand first.

  • Economy L9 (requires)
    An economic depression is a severe decline in economic activity
  • Money L14 (requires)
    An economic depression involves prolonged loss of economic value