4 stages in a economic recovery

English

2 answers:

Mazyrski [523]3 years ago

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

prohojiy [21]3 years ago

3 0

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

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