Economic Decline

Life Cycle: Stages of Development and Decline
Understanding the life cycle of a firm or product, from inception to decline, along with the stages of development, growth, expansion, maturity, saturation, and decline, with examples and special considerations.
Stagnation: Period of No or Slow Economic Growth
Stagnation refers to a period of no or slow economic growth or even economic decline in real (inflation-adjusted) terms. Economic growth of about 1% or less per year is generally taken to constitute stagnation.

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