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The Logical Sequence of the Phases of a Business Cycle

question 78

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The logical sequence of the phases of a business cycle is:

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Definitions:

Emotion

An immediate, specific, negative or positive response to environmental events or internal thoughts.

Self-actualization

The process of realizing and fulfilling one's own potential and capabilities, achieving the highest level of personal growth and self-understanding.

Homeostasis

The self-regulating process by which biological systems maintain stability while adjusting to changing external conditions.

Motivational States

Psychological conditions that energize and direct behavior towards achieving a specific goal or satisfying a need.

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