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economic growth weakens and becomes a recession
What else can I help you with?
What face of a business cycle can lead an economy into recession?
contraction
A cycle of expansion and contraction phases that a nation's economy experiences over time is?
A business cycle.
Which part of the business cycle did the Great Depression represent?
Economic Contraction
A period of macroeconomic expansion followed by a period of contraction?
A business cycle
What stage immediately follows a peak in a typical business cycle?
contraction
In a typical business cycle what stage immediately follows a peak?
contraction
What is the start of the contraction phase in a business cycle called?
Similarly, a period of recession occurs at the start of the contraction phase.
What are the two main phases of a business cycle?
contraction and expansion.
What are the four phrases of business cycle?
Expansion, Peak, Contraction, and Trough (recession)
How many stages are in business cycle?
The main stages are expansion, prosperity, contraction and recession
The growth and contraction in the production of goods and services over time define?
business cycle
What is businesses cycle?
Answer is: [A recurring cycle of booms and busts, recoveries and recessions] (Go Apex Kids;)Business cycle (trade cycle) refers to the fluctuations in economic activities due to the changes in the economic variables like employment, income, output, prices etc.The definition of a business cycle is " a cycle or series of cycles of economic expansion and contraction."a period of economic growth followed by economic contraction (gp)
