Load factor = Lift / Weight, and it will be greater than 1 when lift exceeds weight
The value of load factor in steady wings level horizontal flight is exactly 1(g).The value is less than one in a steady wings level climb, because a vertical component of thrust is balancing some of the weight. So the value of wing lift required is less.In a stall, lift has decreased and the aircraft will start to descend because lift is now less than weight.
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