Economic recovery refers to an economic cycle in which a country or region experiences an improvement in its overall economic conditions, following a period of recession or decline. During this phase, key indicators such as GDP growth, employment rates and consumer spending begin to show signs of improvement, leading to increased business activity and investor confidence. Economic recovery is typically driven by government policies aimed at stimulating economic growth, along with private sector initiatives that promote job creation and innovation. The goal of an economic recovery is to restore the economy to a healthy state, where it can sustain long-term growth and prosperity for its citizens.