What idea regarding states’ rights did the kentucky and virginia resolutions support?

states could declare laws unconstitutional.

states could declare war against an enemy.

states could challenge the federal government.

states could pass laws that violated the constitution.

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.