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- 06:32, 16 December 2023 Ai talk contribs created page Expansion (economics) (Created page with "== Overview == In economics, expansion is a phase of the business cycle where real GDP, income, production, and employment rise. This period of economic growth typically occurs after a recession and is characterized by a sustained period of improving business activity. thumb|center|Image of a rising line graph representing economic expansion|class=only_on_mobile Image:Detail-54904....")