Answer is: [A recurring cycle of booms and busts, recoveries and recessions] (Go Apex Kids;)
Business cycle (trade cycle) refers to the fluctuations in economic activities due to the changes in the economic variables like employment, income, output, prices etc.
The definition of a business cycle is " a cycle or series of cycles of economic expansion and contraction."
a period of economic growth followed by economic contraction (gp)
explain the role of needs in the business cycle
The components of the business cycle is Prosperity, Recession, and depression.
When the GDP stops falling, the business cycle is a trough.
A business cycle caused when incumbent politicians try to manipulate the economy to increase their chances of reelection.
It is propounded by hawtrey an economist,acc to him business cycles are nothing but succesive phases of inflation and deflation.money supply affects the business cycle.
explain the role of needs in the business cycle
The components of the business cycle is Prosperity, Recession, and depression.
what is definition of business cycle in the phillipines
mostly it varies but one usual length of business cycle is recession,fiscal recovery,growth and decline.when business go through all these its business cycle complete
business is good
business is good
Recovery is another term for expansion in the business cycle.
The lowest point in a business cycle, the point at which the economy begins to rebound.
When the GDP stops falling, the business cycle is a trough.
There are many causes for the business cycle in south Africa. One of the causes for this business cycle is the need for income.
Another early business cycle theorist, Joseph Schumpeter (1883-1950), noted that nothing is constant over the business cycle and nothing ever really returns to its starting place. That is what makes each business cycle unique.
When the GDP stops falling, the business cycle is a trough.