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An increase in consumer demand resulting from a reduction in prices
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What best explains how a recovery period leads to a boom?
An increase in consumer demand resulting from a reduction in prices.
Which best explains how a recovery period can lead to a boom?
An increase in consumer demand resulting from a reduction in prices
What period comes after a period of recovery in a business cycle?
A boom.
Put the phases of the business cycle in the correct order in which they follow a boom?
depression recovery boom recession Final phase
What is the boom period?
The Boom Period is a part of the business cycle where there is a continuous growth in the economy.
What best explains how a recovery period leads to a boom?
An increase in consumer demand resulting from a reduction in prices.
Which best explains how a recovery period can lead to a boom?
An increase in consumer demand resulting from a reduction in prices
A period following a boom is known as?
Boom-Recession-Depression-Recovery-Boom.
What period comes after a period of recovery in a business cycle?
A boom.
What comes after a period of a recovery in a business cycle?
A boom.
What leads to the end of a boom period in a business cycle?
A reduction in consumer demand resulting from inflation.
Put the phases of the business cycle in the correct order in which they follow a boom?
depression recovery boom recession Final phase
What is the opposite of a boom period?
The opposite of a boom period is a recession.A recession is the opposite of a Boom Period.
What is opposite of a boom period?
The opposite of a boom period is a recession.A recession is the opposite of a Boom Period.
What is the boom period?
The Boom Period is a part of the business cycle where there is a continuous growth in the economy.
Put the phases of the business cycle in the correct order in which they following a boom?
depression recovery boom recession Final phase
What is a boom in a business?
A boom is a period of rapid economic growth, prosperity.
