Boom And Bust Cycle In A Nutshell - FourWeekMBA

The boom and bust cycle describes the alternating periods of economic growth and decline common in many capitalist economies. The boom and bust cycle is a phrase used to describe the fluctuations in an economy in which there is persistent expansion and contraction. Expansion is associated with prosperity, while the contraction is associated with either a recession or a depression.

Boom And Bust Cycle: Definition, How It Works, and History

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