The type of credit people are most likely to use during their lifetimes is a
a.) credit card.
b.) personal loan.
c.) auto loan.
d.) mortgage.

People are most likely to use a credit card during their lifetime

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.