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Ghana, first of the great medieval trading empires of western africa (fl. 7th–13th century). it was situated between the sahara and the headwaters of the sénégal and niger rivers, in an area that now comprises southeastern mauritania and part of mali.

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.