A boom.
A boom.
Recovery
Recovery
Recovery
The growth phase comes after recovery. The four stages are recession, recovery, growth, and decline in that order. After a recession, the economy has to have time to come back, which is the recovery stage. After it has recovered enough and is stronger it begins to grow. But since the business cycle is cyclical and can't continue to grow forever, there has to be a decline that will eventually lead to another recession.Recover on apexA boom.
recovery gap.
recovery gap.
recovery gap.
recovery gap
Recovery is another term for expansion in the business cycle.
The GDP will grow.
recovery