Are peak, recession,trough, and expansion
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Phases of business cycle means that at what stage of business cycle the business is currently is. These four phases are introduction, growth, maturity and recession and most of the companies of the world except wholesale businesses like australiawholesalers.com are passing through recession phase due to the current world economic crisis.
initial and mature
A business cycle.
Expansion, Recession, Trough, Recovery
The phases of the business cycle—expansion, peak, contraction, and trough—are crucial for understanding economic activity and making informed decisions. These phases help businesses and policymakers anticipate changes in consumer behavior, investment opportunities, and employment trends. By recognizing where the economy stands in the cycle, stakeholders can adjust strategies to mitigate risks or capitalize on growth. Overall, awareness of the business cycle phases is essential for effective economic planning and management.
contraction and expansion.
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.
Recession
Depression Recovery Boom Recession
Depression Recovery Boom Recession
depression recovery boom recession Final phase