English, asked by himanshumewara101, 9 months ago

2. A period of prosperity (equipments/boom/industry
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Answered by sukhmanjohal4997
0

Answer:

Boom In Business Cycle

A boom refers to a period of increased commercial activity within either a business, market, industry, or economy as a whole. For an individual company, a boom means rapid and significant sales growth, while a boom for a country is marked by significant GDP growth

Answered by SelieVisa
0

Answer:

A period of prosperity is also called expansion phase.

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