Adam smith’s law of competition specifically applies to
a. mass production.
c. free enterprise.
b. wage systems.
d. domestic systems.

Where are the following questions

In financial aspects, a depression is a sustained, long haul downturn in monetary movement in one or more economies. it is a more extreme monetary downturn than a recession, which is a slowdown in financial action through the span of a typical business cycle. a depression is an irregular and extreme type of recession. so depression is always followed by recession but it is not correct to state that a depression always follow a recession.