What are the primary indicators of an economic recovery?

Key indicators include sustained GDP growth, declining unemployment rates, increased consumer confidence and spending, and rising business investment.

How long does an economic recovery typically take?

The duration varies significantly based on the cause and severity of the downturn. Recoveries can be quick (V-shaped), prolonged (U-shaped), or even gradual (L-shaped).

What role do governments play in stimulating economic recovery?

Governments often implement fiscal policies (e.g., stimulus packages, infrastructure spending) and monetary policies (e.g., interest rate adjustments) to boost demand, support businesses, and create jobs.

Are all sectors of the economy affected equally during a recovery?

No, recoveries are frequently uneven. Some sectors, like technology or healthcare, might rebound faster, while others, such as hospitality or retail, may face longer-term challenges and slower growth.