economic expansion
Rising national output
Economic expansion is a phase of the business cycle when the economy is growing—output increases, employment rises, and consumer spending climbs.
It's the opposite of recession or contraction.
Expansions can last months or years: The economic expansion following World War II transformed American society.
Also called simply an expansion.
- prosperityGood fortune, success
- growthIncrease in size
- boomLoud deep sound
- roaring twentiesProsperous 1920s period
- real estate boomRapid housing market growth
rising tide · fiscal stimulus · easy money · capital investment · venture capital · recovery · bull market · stock rally · capacity utilization · full employment · industrialization · emerging markets · monetary policy · consumer confidence · productivity · GDP · infrastructure development · technological innovation
- modern economicsGDP, GDP growth, recession, inflation, interest rates
- industrializationfactory, industrial revolution, Industrial Revolution, factories, manufacturing
- manufacturingfactories, factory, car factory, assembly plants, electronics factory
- cycleslife cycle, cycle, circle of life, cycles, period
- Canadian HistoryConfederation, Rupert's Land, colonial era, colonial government, self-government
- Money Historymoney, coins, currency, coinage, gold coins
economic expansionrecession
Prolonged economic decline
economic contraction · economic recession · depression · economic depression · economic decline
economic expansioneconomic shrinkage
Declining productive output
economic contraction · degrowth · industrial decline · deindustrialization · disinvestment
expand, economy, expansion, economic, expanse, economical, expanded, economics, expansive