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has gloss | eng: In macroeconomics, a general glut is when supply exceeds demand, specifically, when there is more production in all fields of production in comparison with what resources are available to consume (purchase) said production. This exhibits itself in a general recession or depression, with high and persistent underutilization of resources, notably unemployment and idle factories. The Great Depression is often cited as an archetypal example of a general glut. |
lexicalization | eng: general glut |
instance of | c/Recessions |
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media:img | UnemployedMarch.jpg |
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