The country of lilvania has a lower capita gdp, a low literacy rate, and a high infant mortality rate. what is lilvania?

a. a developed country

b. a less developed country

c. a newly industrialized country

d. a transitional country

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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.