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21 February, 03:46

What is the opposite of economic regression?

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  1. 21 February, 04:00
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    Economic recession is when the economy, as a whole, is actually shrinking (GDP shrinks, unemployment rises, as the demand for goods and services is lessened.)

    The opposite of an economic recession, is economic growth.

    Economic growth is when the economy is expanding, jobs are being created because of increased demand or stimulated demand.
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