business cycles

[daj224]

Name the 5 stages of a business cycle - 10 seconds

 

[getterdone]

recession
recovery
early expansion
late expansion
slowing entering recession

 

[supersharpshooter]

5?
i know contraction, through, expansion, peak
what’s the 5th?

 

[map1]

growth, that’s the part of the sinusoid above the growth line, similar to expansion
edit: recovery is the part below the growth line, getting out of through toward expansion (or growth phase)

 

[daj224]

acronym for all to know
RRELS