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A situation in which the economy slows down just enough to avoid recession but not so much that it leads to an economic downturn.

An extremely high and typically accelerating inflation rate, causing the currency to rapidly lose value.

An exceptionally strong and protracted period of economic expansion, potentially leading to overheating.

Characterized by increasing economic activity, rising GDP, low unemployment, and increasing prices.

A period of declining economic performance across the economy that lasts for several months.

A situation where the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.

A recession followed by a short-lived recovery and then another period of economic decline.

Signifies the highest point of economic activity in the cycle, often leading to overvaluations and high inflation rates.

The lowest point of economic activity, marking the end of recession and the start of recovery.