A fifteen-year-old boy decides that he wants to become a professional chess player. He joins his school chess team, watches videos of chess championships, and joins chess clubs in his locality. This is an example of.

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.