utilizes a free mission system that allows players to align their forces with either the french or english on a battle by battle basis giving unparalleled freedom that allows players to take on different assignments or simply experience a given battle from an opposing side
A recession is defined to be a period of two quarters of negative GDP growth. Thus: a recession is a national or world event, by definition.
A recession is briefly defined as a period of declining economic activity spread across the economy (according to NBER). Under the first definition, each depression will always coincide with a recession, since the difference between a depression and a recession is the severity of the fall in economic activity. In other words, each depression is always a recession, sharing the same starting and ending dates and having the same duration.