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    History A-Level

    Inflation, recession and recovery

    What Inflation, recession and recovery means in History A-Level, as defined for Pearson Edexcel.

    Definition of Inflation, recession and recovery

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    Reference: Pearson Edexcel

    A severe recession in 1981–82 with unemployment near 10% was followed by strong growth from 1983, while inflation fell to about 4% by 1984.
    Pearson Edexcel · What impact did the Reagan presidency (1981–89) have on the USA in the years 1981–96? (study guide)

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