Analyse the different shapes of economic recovery (V, U, W, L, Z, swoosh and K) and suggest appropriate policy responses, with Indian illustrations. (Answer in 250 words)

Post-crisis recoveries do not follow a single template. Economists describe letter-shaped paths—V, U, W, L, Z, swoosh and K—to summarise the speed and distribution of rebounds. Mapping these shapes to indicators helps design timely policy support.

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