Examlex
Put the following mechanisms of development in the order in which they occur.
-sixth mechanism
Business Cycles
The fluctuations in economic activity that an economy experiences over a period of time, marked by periods of expansion and contraction.
Economic Fluctuations
Variations in the level of economic activity over a period of time, often characterized by periods of growth (expansions) and contraction (recessions).
Retrenchment Strategy
A business strategy focused on reducing the scale or scope of a corporation's operations to become more financially stable.
Adaptation Model
A theoretical framework that explains how individuals adjust to changes or challenges in their environment over time.
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