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Expansion and Contraction

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Business terms

Created Date 12.09.22
Last Updated 12.14.22
Viewed 1 Times
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Topics of this game:
  • Growth, Peak, Recession, and Trough are all parts of the...
  • Creator of Juglar cycle
  • May also be called expansion / recovery
  • When a business is in its top/max condition
  • The lowest levels during a recession
  • Can be called contraction - A decline in: total output, income, employment, and trade