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Expansion, Recession, Trough, Recovery

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Q: What are the 4 phases of the business cycle?
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List the phases of the business cycle and describe how the diffrent phases begin and end?

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Phases of business cycle means that at what stage of business cycle the business is currently is. These four phases are introduction, growth, maturity and recession and most of the companies of the world except wholesale businesses like australiawholesalers.com are passing through recession phase due to the current world economic crisis.


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