The enormous investment in our prison industrial complex, combined with the perceived political benefits of crime control, have led to policies which ensure that more people are sentenced to prison, thereby creating the need for more prison beds. In this way, the prison industrial complex can be likened to a:

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.