Cyclical economic development and economic growth

activity over a number of years called the business cycle.
1. - "Recession"
2. - "Stagnation“
3. - "Revival“.
4. - "Peak“

economic strength of the country.
 It is measured in two interrelated ways: an increase in real GNP or NNP (gross and net national product) for a certain period of time or an increase in the national product per capita, an increase in living standards.
The essence of economic growth is to allow and playing at a new level the basic contradiction of the economy: between the immensity of the needs and limited resources.