Question

When the production of thing is increasing towards prosperity, this stage is called as: *

1 point

Boom

Depression

Recovery

Recession

​

Answer 1

Answer:

gossip classic soap also also do so so

Answer 2

When the production of things is increasing towards prosperity, this stage is called recovery. (option 3)

• Recovery is the final stage of the business cycle after which there is the movement of the economy from depression to expansion.
• There is an increase in economic activities and recovery is seen after which we achieve prosperity.
• The recovery phase is also called the revival phase.
• There are four stages in the business cycle.
• Prosperity, Recession, Depression, and recovery phase.