Examlex
In the inverted pyramid style you cover the most important information briefly at first and then gradually reveal successive layers of detail.
Business Cycles
The natural rise and fall of economic growth that occurs over time, consisting of periods of expansion (growth) and contraction (recession) in an economy.
Economic Theory
A set of principles and methodologies that explain how economies function, covering topics from microeconomics to macroeconomics.
Economic Systems
The organized way a society allocates its resources and distributes goods and services among its population.
Recession
A short-term economic slump characterized by a reduction in business and industrial activities, usually signified by a GDP decrease over two back-to-back quarters.
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