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Economic expansion |
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Economic expansionThe upward phase of the business cycle, in which GDP is rising and unemployment is falling over time.Similar MatchesExpansionExpansionPhase of the business cycle as it climbs from a trough toward a peak. ExpansionExpansionEconomic expansion Business Expansion SchemeBusiness Expansion SchemeA tax-efficient investment vehicle, designed to provide venture capital funds for small businesses. Replaced by the Enterprise Investment Scheme in 1994. ExpansionaryExpansionaryTending to cause aggregate output (GDP) and/or the price level to rise. Term is typically applied to monetary policy (an increase in the money supply or a decrease in interest rates) and to fiscal policy (an increase in government spending or a tax cut), but may also apply to other macroeconomic shocks. Contrasts contractionary. Internal expansionInternal expansionGrowth of assets resulting from internal financing or internally generated cash flow. Further SuggestionsVoluntary import expansion |
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