Expansion is the first and foremost stage in the business cycle. Expansion refers to the growth in economic factors such as wages, output, profits, supply of goods and services, and demand. So, the cycle scanner framework is essential in the primary stage of expansion. Consumer confidence gets increases in this stage. You should know that debtors are spending more money and paying their debts on time. So many companies are benefited in this stage.
Expansion is the first and foremost stage in the business cycle. Expansion refers to the growth in economic factors such as wages, output, profits, supply of goods and services, and demand. So, the cycle scanner framework is essential in the primary stage of expansion. Consumer confidence gets increases in this stage. You should know that debtors are spending more money and paying their debts on time. So many companies are benefited in this stage.
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