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Recovery
Recession! I had this for a test.
a recession or depression
Economic activity is rising above the point of the previous peak.
Economic depression.(:
economic depression
Recovery
The period of decline refers to a phase in the business cycle where economic activity slows down, employment decreases, and consumer confidence weakens. During this phase, production and investment decline, leading to decreased economic growth. It is often followed by a recession if the decline sustains over a prolonged period.
Recession! I had this for a test.
a recession or depression
Economic activity is rising above the point of the previous peak.
Economic depression.(:
1.8 million year ago
This period if time is known as a recession.
concept under which each accounting period has an economic activity associated with it, and the activity can be accpunted for measured and reported .
America
Expansion