| It does so because it believes that recessions are a great time to gain ground on the competition. |
| Most of the worst recessions and depressions occur the year following an election. |
| They have developed a close relationship between stock market crashes and the economic recessions and depressions that follow them. |
| The trend has surprised industry observers, who say soju has been immune to the effects of economic recessions in the past. |
| It has lasted for a long time, through depressions, recessions, slumps, civil wars and world wars. |
| Just as the mass extinctions were associated with climatic shifts, depressions and recessions often reflect changing economic conditions. |
