Economic expansion

Translation economic expansion into russian

economic expansion

экономическое расширение

Economic expansion is crucial for job creation.

Экономическое расширение важно для создания рабочих мест.

Definitions

Economic expansion refers to a phase in the business cycle where the economy experiences an increase in real GDP, leading to higher levels of employment, consumer spending, and overall economic activity. It is characterized by rising production, investment, and confidence among businesses and consumers.

Translations
Definitions