4 stages in a economic recovery

English

2 answers:

Mazyrski [523]4 years ago

7 0

The four stages of the economic cycle are: expansion, peak, contraction, and trough.

prohojiy [21]4 years ago

3 0

The four phases of a business cycle are recession, recovery, growth and decline. The recovery phase of the cycle usually begins with low interest rates, and continues with increases in demand and employment, which leads to economic expansion.

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