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During an expansionary period/phase, an economy grows. In a contractionary period/phase, an economy declines/retracts until it begins to grow again.
Recession means the period of reduction in trade and commerce in the economy.
The Boom Period is a part of the business cycle where there is a continuous growth in the economy.
business cycle
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During the postwar period, there was little food.
The prefix "post-" in postwar implies that the event or period in question occurred after a war. It indicates a transition from the wartime phase to a subsequent new phase marked by recovery, rebuilding, and reconciliation. The use of this prefix helps contextualize events or policies in relation to the preceding conflict and its aftermath.
Postwar teens were a major target group of businesses.
Postwar teens were a major target group of businesses.
The postwar period was difficult for farmers because of falling food prices.
Postwar teens were a major target group of businesses
Postwar teens were a major target group of businesses
Postwar teens were a major target group of businesses.
The first woman was Janne Addams
They called that period the Red Scare. There was a second red scare in the 1950s.
The defining characteristics of the Maya are militarism (glorification of the military), human sacrifice, and the modern calendar
Some popular nicknames for the 1970s include "The Disco Decade," "The Me Decade," and "The Seventies." These nicknames reflect the cultural trends and defining characteristics of the era, such as disco music, individualism, and the overall aesthetic of the time period.