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How to tell if a new economy is emerging or not

We’re all familiar with the words “recession” and “recovery” to describe a time of rapid economic growth and rising living standards.But sometimes those words are misused.For example, “recess” can be used to describe an extended period of low growth and unemployment, while “recover” can also be used in a broad sense to describe any period

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What is economic recovery?

Economic recovery is the term economists use to describe the recovery of the economy following a financial crisis.The term has been used to describe a period of recovery after the financial crisis and its aftermath, although it is not a precise term.It refers to the recovery from a prolonged period of economic downturns when the

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How a home economy is transforming America

In a time when many Americans are grappling with the economic impact of climate change, home economics is taking center stage in a growing number of Americans’ lives.For the first time, the number of people who say they live in a home with no electricity, heat, or water has risen to 8.3% from 5.7% in