In economics, a depression is commonly defined as an extreme recession that lasts three or more years or which leads to a decline in real gross domestic product (GDP) of at least 10 percent in a given year. Regardless of whether or not you are expecting one, how prepared do you feel personally for an economic depression? | Daily Question

In economics, a depression is commonly defined as an extreme recession that lasts three or more years or which leads to a decline in real gross domestic product (GDP) of at least 10 percent in a given year. Regardless of whether or not you are expecting one, how prepared do you feel personally for an economic depression? Published on July 31, 2020 → Survey conducted on July 31, 2020 on 5950 U.S. adults

All adults

Region

Gender

Politics

Age

Very prepared

12%

Somewhat prepared

37%

Not very prepared

25%

Not at all prepared

15%

Don't know

11%

Very prepared

12%

Somewhat prepared

37%

Not very prepared

25%

Not at all prepared

15%

Don't know

11%