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Definition cause deflation
Deflation
In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative[...]
Causes of the Great Depression
reduction in consumption and investment spending, causing the depression that followed. Once panic and deflation set in, many people believed they could avoid[...]
Inflation
reduction in the purchasing power of money. The opposite of CPI inflation is deflation, a decrease in the general price level of goods and services. The common[...]