Economic recovery refers to the process through which an economy rebounds after a period of decline, such as a recession or economic crisis. During recovery, key indicators like GDP growth, employment rates, and consumer spending typically improve. Governments and central banks may implement policies to stimulate growth, such as lowering interest rates or increasing public spending. The duration and strength of economic recovery can vary based on several factors, including the severity of the downturn and external influences like global trade conditions. Successful recovery often leads to increased business investment and consumer confidence, fostering a more stable economic environment for individuals and businesses alike.