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From the below table COUNTRY: INDIA (NO OTHER COUNTRY) Trough Peak Months of Contraction Months of Expansion December 1900 September 1902 18 21 August 1904

  1. From the below table

COUNTRY: INDIA (NO OTHER COUNTRY)

Trough

Peak

Months of Contraction

Months of Expansion

December 1900

September 1902

18

21

August 1904

May 1907

23

33

June 1908

January 1910

13

19

January 1912

January 1913

24

12

December 1914

August 1918

23

44

March 1919

January 1920

7

10

July 1921

May 1923

18

22

July 1924

October 1926

14

27

November 1927

August 1929

13

21

March 1933

May 1937

43

50

June 1938

February 1945

13

80

October 1945

November 1948

8

37

October 1949

July 1953

11

45

May 1954

August 1957

10

39

April 1958

April 1960

8

24

February 1961

December 1969

10

106

November 1970

November 1973

11

36

March 1975

January 1980

16

58

July 1980

July 1981

6

12

November 1982

July 1990

16

92

March 1991

March 2001

8

120

November 2001

December 2007

8

73

June 2009

February 2020

18

128

1. How often have recessions occurred since the end of World War II (1945)?

  1. Comment on how long has the average recession lasted since the end of World War II?
  2. Comment on how long has the average expansion lasted since the end of World War II?

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