Consider the psychological theories that you have learned about so far. Select and write about one theory that you personally believe is the most effective or significant. Explain why you think so with your personal experiences pertaining to the theory, if any, and research pertaining to the theory, such as related case studies.

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.