First Published: 28 Dec 2022, 04:42 PM IST
What is a K-Shaped Economic Recovery?
Updated: 28 Dec 2022, 04:42 PM IST
TL;DR.
A K-shaped recovery is generally caused by a recession at different paces. The concept of a K-shaped recovery first emerged in 2020 during the COVID-19 pandemic. In a K-shaped recovery, the economy was divided into two, based on geographic, wealth, and industrial characteristics.
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