American Recovery

Definition

American recovery refers to the efforts made by governments, institutions, businesses, and individuals to overcome economic challenges after a recession or downturn. It involves strategies aimed at restoring economic growth, job creation, stability, and improved living conditions for Americans.

Related terms

Unemployment Rate: The percentage of people who are actively seeking employment but cannot find jobs.

Gross Domestic Product (GDP): The total value of goods and services produced within a country's borders over a specific time period; an indicator of economic activity.

Economic Stimulus: Measures taken by governments to boost spending, investment, or consumer demand with the goal of reviving an economy.