answersLogoWhite

0


Best Answer

A recurring cycle of booms and busts, recoveries and recessions

User Avatar

Stanford Davis

Lvl 10
3y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

7y ago

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)

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

The business cycle refers to refers to economy-wide fluctuations in production, trade, and economic activity in general over several months or years in an economy organized on free-market principles.

This answer is:
User Avatar

User Avatar

micropiano21

Lvl 4
1y ago

The repeated rise and fall of economic output over time (apex)

This answer is:
User Avatar

User Avatar

Wiki User

10y ago

The business cycle might best be described as expansion followed by recession. A business cycle is the fluctuations in the economic activity.

This answer is:
User Avatar

User Avatar

Wiki User

15y ago

A recurring cycle of booms and busts, recoveries and recessions

This answer is:
User Avatar

User Avatar

Wiki User

13y ago

Fluctuations in the economy tend to follow a general pattern that is commonly referred to as the business cycle.

This answer is:
User Avatar

User Avatar

MeGustaCulo

Lvl 7
4y ago

a period of economic growth followed by economic contraction

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the business cycle?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the role of needs in business cycle?

explain the role of needs in the business cycle


What are the components of business cycle?

The components of the business cycle is Prosperity, Recession, and depression.


Business cycle of the Philippines since 1946 to 2008?

what is definition of business cycle in the phillipines


What is the usual length of a business cycle?

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


In business cycle what is a boom?

business is good


A In a business cycle what is a boom?

business is good


What is another term for expansion in the business cycle?

Recovery is another term for expansion in the business cycle.


What is a trough period of business cycle?

The lowest point in a business cycle, the point at which the economy begins to rebound.


What is the stage in a business cycle when real GDP stops falling?

When the GDP stops falling, the business cycle is a trough.


What causes business cycle in South Africa?

There are many causes for the business cycle in south Africa. One of the causes for this business cycle is the need for income.


What did Joseph Schumpeter say makes each business cycle unique?

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.


What is the stage in a business cycle called when real GDP stops falling?

When the GDP stops falling, the business cycle is a trough.