D and E A+ users ^^
contraction
A business cycle.
A business cycle
contraction
Similarly, a period of recession occurs at the start of the contraction phase.
contraction
A business cycle.
Economic Contraction
A business cycle
contraction
contraction
economic growth weakens and becomes a recession
Similarly, a period of recession occurs at the start of the contraction phase.
contraction and expansion.
Expansion, Peak, Contraction, and Trough (recession)
The main stages are expansion, prosperity, contraction and recession
business cycle