What is Economic Boom?

The economic boom is the Period that takes after recuperation stage in a standard monetary cycle. A blast is described by an economy working at full or close full limit, solid shopper interest, low rate of unemployment, and a rising stock market, generally joined by quickly expanding purchaser costs. What four factors led to the economic boom in the 12th and 13th century? Provide specific examples of these factors in your discussion.

 

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