The British complained of unfair competition from goods supplied by the American colonists. So the state intervened to manage trade and make it "fair." But the American revolutionaries saw protectionism for the scam it was, and still is.
Where there is no business at all, business can be neither good nor bad. There may be starvation, and famine, but no depression in the sense in which this term is used in dealing with the problems of a market economy.