business cycle

Noun

Meaning

recurring fluctuations in economic activity consisting of recession and recovery and growth and decline

Synonyms

Antonyms

Hypernyms

Examples

All part of a government intervention that interrupts the business cycle with unintended consequences for legitimate businesses. Source: Internet

Austrian business cycle theory postulates that business cycles are caused by the misallocation of resources from consumption to investment during "booms", and out of investment during "busts". Source: Internet

Hayek used this body of work as a starting point for his own interpretation of the business cycle, elaborating what later became known as the " Austrian Theory of the Business Cycle ". Source: Internet

Even in the absence of anti-competitive practices, this has created a virtuous business cycle for the dominant operators. Source: Internet

In retrospect, it’s hard not to see the Great Depression as something not merely quantitatively, but qualitatively, different from your typical business cycle fluctuation that rolls around every five or 10 years. Source: Internet

However, with domestic demand led growth (as in the United States and Australia) the trade balance will shift towards imports at the same stage in the business cycle. Source: Internet

Close letter words and terms