answersLogoWhite

0

Economic expansion is characterized by a rise in real GDP, increased consumer spending, and higher business investment. Employment levels typically increase, leading to lower unemployment rates and higher wages. Additionally, there is often a boost in consumer confidence and a general increase in production and manufacturing activities. Inflation may also rise during this phase, reflecting higher demand for goods and services.

User Avatar

AnswerBot

3d ago

What else can I help you with?

Related Questions

What played a significant role in economic expansion?

What played a significant role in economic expansion?


Explain the economic characteristics of the command and market economic?

Explain the economic characteristics of the command


What are drivers for economic expansion?

greed


What event ended long period of economic expansion in US?

Most economic systems are driven by Demand(desire AND ability to pay). Reduction in demand will end economic expansion. Ability to pay due to loss of credit was the event that ended the recent economic expansion in the US. Debt itself will not end economic expansion. Most innovations are created by debt laden entities.


A historian who compares the expansion of political system to the expansion of economic system is organizing history by?

Comparative economic systems is the subfield of economics dealing with the comparative study of different systems of economic organization, such as capitalism, socialism, feudalism and the mixed economy.A historian who compares the expansion of political system to the expansion of economic system is organizing history by theme.


Casdoes economic characteristics?

Clinical characteristics and economic costs of patients with painful neuropathic disorders.


What were the economic reasons for the U.S.expansion westward?

Westward Expansion and Related Economic Issues


What contributed most of to the economic expansion?

love


A period of rising GDP is known as?

an Economic Expansion


What is the social cultural economic and political impact of expansion of rural settlements on the environment?

That's contraction and not expansion


What is Poland's economic characteristics?

humorous


The laurier years were best characterized by?

Immigration and economic expansion