Many goods and services can be affected by elastic demand. Write a three-to five-sentence paragraph in which you name one product and give at least two reasons
why the demand for the good or service is elastic. Remember to use proper spelling,
punctuation, and sentence structure.

Both types of rubrics

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.