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economic expansion

definition

A period of time in which gross domestic product (GDP) increases. Compare to Economic Expansion. See Business Cycle.

Related Terms

 • Downturn  • economic contraction  • soft landing  • hard landing  • Global squeeze  • Boom  • stagnation  • performance
 more related terms

Popular Economy Terms

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ISM Manufacturing Report on Business
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free market system
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Gross Domestic Product (GDP)
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stock
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business cycle
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balance of payments (BOP)
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supply and demand
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Consumer Price Index (CPI)
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company
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international trade deficit

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