CameraIcon

SearchIcon

MyQuestionIcon

267

You visited us 267 times! Enjoying our articles? Unlock Full Access!

The Great Depression

An L-shaped r...

Question

An L-shaped recovery is a type of recovery characterized by slow rate of recovery with persistent unemployment and stagnant economic growth

A

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A True

Suggest Corrections

thumbs-up

0

Similar questions

Q.  Consider the following statements with reference to types of recovery curves:

1. The V shaped growth curve occurs when the economy experiences a sharp decline and a period of stagnation followed by a relatively healthy rise back to its previous peak.

2. U-shaped recovery is characterized by a quick and sustained recovery in measures of economic performance after a sharp economic decline.

Q. Who was assigned the responsibility of economic recovery by Hitler?

Q. Who among the following was assigned the responsibility of economic recovery by Hitler?

Q. This shaped recovery occurs when, following a recession, different parts of the economy recover at different rates, times or magnitudes.

Q. Consider the following stages and their description with respect to business cycle:

1 Boom- Economy experiences strong GDP growth.
2.Recession -Reduction in growth rate with growth rate being positive.
3.Recovery- Positive growth rate.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

The Great Depression

HISTORY

Watch in App

explore_more_icon

Explore more

The Great Depression

Standard X History

Join BYJU'S Learning Program

CrossIcon