business cycles

Name the 5 stages of a business cycle - 10 seconds

recession recovery early expansion late expansion slowing entering recession

5? i know contraction, through, expansion, peak what’s the 5th?

growth, that’s the part of the sinusoid above the growth line, similar to expansion edit: recovery is the part below the growth line, getting out of through toward expansion (or growth phase)

acronym for all to know RRELS