economic revival
Prosperity returns again
Economic revival is the recovery of an economy from a period of decline or stagnation.
The term suggests renewed growth, increased employment, and restored confidence after recession or hardship: The tax cuts were meant to spark economic revival, Post-war economic revival transformed the region.
Revival implies returning to a previous state of health rather than achieving something new.
- recoveryRegaining what was lost
- growthIncrease in size
- reboundReturn after deflection
- green shootsYoung plant growth
- prosperityGood fortune, success
boom · roaring twenties · stimulus · fiscal policy · tax cuts · upturn · resurgence · turnaround · jobs · job creation · investment · small business · rebuilding · renewal · expansion · flourishing · consumer confidence · confidence
economic revivaleconomic collapse
Catastrophic failure of finances
economic decline · economic depression · recession · economic downturn · depression
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