In a business cycle, the is the transition period between contraction and expansion.

Recovery

Explanation:

The Business cycle is also known as the economic cycle, and consists of the periods of growth (expansion), and decline (contraction) of the economy, over a long period of time.

According to the theory of the business cycle, it is normal and expected for economies and businesses to experience periods of rise and fall.

The period that marks the transition between contraction and expansion is the recovery, because is the period when the contraction comes to a halt, and the economy starts recovering in order to expand again.

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