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Depression.

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Autumn Huels

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Q: The business cycle goes from boom to recession to and back to boom.?
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Put the phases of the business cycle in the correct order in which they follow a boom?

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Put the phases of the business cycle in the correct order in which they follow a recession?

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Put the phases of the business cycle in the correct order in which they follow a recession.?

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What are the four steps to a business cycle?

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The business cycle goes from boom to recession to?

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Definitions of each phase of the business cycle?

The four phases of business cycle are :1.Boom. 2.Recession. 3.Depression. 4 Recovery. Major indicators :GDP and unemployment . Boom has full employment .Recession begins with job losses. Depression experiences high unemplyment . Recovery starts generating employment .


True or false a expansion of the economy always follows a peak or boom?

The simple answer to this questions is False. In economics you learn the ideal of a business cycle, which is the layout for economic cycles. The cycle represents a wave in a visual representation. A peak or boom is the point at which the GDP is maximized; this is then followed by a recession where the GDP is in decline. To follow the recession you have a trough cycle, which is the point where GDP is minimized. To follow the trough you have a recovery cycle where the GDP is in incline to the point of the peak or boom. So to answer the question in an economic business cycle term an expansion follows a trough in the economy and actually leads to a peak or boom.


What comes after a period of a recovery in the business cycle?

The growth phase comes after recovery. The four stages are recession, recovery, growth, and decline in that order. After a recession, the economy has to have time to come back, which is the recovery stage. After it has recovered enough and is stronger it begins to grow. But since the business cycle is cyclical and can't continue to grow forever, there has to be a decline that will eventually lead to another recession.Recover on apexA boom.


In business cycle what is a boom?

business is good


A In a business cycle what is a boom?

business is good


What comes after a period of a recovery in a business cycle?

A boom.