There are four stages in an economic recovery. 1. increased production2. rising demand (occurs twice)3. increased hiring In which order do these stages occur?

Recovery begins when demand rises, so businesses sell more and increase production. To meet that demand, they hire more workers; the added jobs and income then cause demand to rise again. The order is 2, 1, 3, 2: rising demand, increased production, increased hiring, then rising demand again.

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