Different types of Economic Recoveries Subject – Economy Context – The government said the NSO numbers reaffirmed its prediction of an “imminent V-­shaped recovery”. Concept – Economic recovery can take many forms, which is depicted using alphabetic notations. For example, a Z-shaped recovery, V-shaped recovery, U-shaped recovery, elongated U-shaped recovery, W-shaped recovery, L-shaped recovery and K-shaped recovery. K-Shaped Recovery: A K-shaped recovery occurs […]