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Economic activity is rising above the point of the previous peak.
If it's a short downturn or slowdown during a business cycle, it's a recession. If it's a longer, sustained and more severe downturn, it's a depression.
Stagflation was an economic condition in which unemployment was high, the economy was stagnant, but prices were rising (inflation).
an Economic Expansion
Recovery
economic depression
Economic activity is rising above the point of the previous peak.
If it's a short downturn or slowdown during a business cycle, it's a recession. If it's a longer, sustained and more severe downturn, it's a depression.
Stagflation was an economic condition in which unemployment was high, the economy was stagnant, but prices were rising (inflation).
Mining and livestock rising.
an Economic Expansion
A boom period refers to a time of rapid economic growth and expansion, marked by increasing productivity, rising consumer confidence, high levels of investment, and overall optimism in the market. This period is characterized by low unemployment, high levels of consumer spending, and a general increase in business activity.
Recovery
Recovery.
b. high unemployment
This is called inflation or more precisely "price inflation".
recovery