Prosperity

Prosperity ( from the Latin word for prosperity ) is an economics term. He was originally introduced in the Anglo-American environment ( prosperity ) and refers to a period of economic economic recovery and the associated wealth of a society.

The period of prosperity characterized by an optimistic mood among businesses and consumers. The resulting increase in consumption and production levels is leading to growing national income and increasing wealth within society.

The term is used synonymously with economic boom ( boom ) or growth phases.