What do you call a period of robust economic growth and high employment, which indicates that businesses are capitalizing on new market opportunities?
A) expansion
B) recovery
C) contraction
D) depression

Question

Quizplus · Accepted Answer

An expansion is a period of robust economic growth and high employment. This typically happens when businesses are capitalizing on new market opportunities, resulting in an increase in production and profits. During an expansion, the overall economy grows, and consumer confidence typically improves as people have more disposable income.

What Do You Call a Period of Robust Economic Growth