explain the wheel of economic in short
......plz give correct ans ....
class 9 .......
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explain the wheel of economic in short
......plz give correct ans ....
class 9 .......
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The economic cycle is the fluctuation of the economy between periods of expansion (growth) and contraction (recession). Factors such as gross domestic product (GDP), interest rates, total employment, and consumer spending, can help to determine the current stage of the economic cycle.