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- Boom is the period that follows recovery phase in a standard economic cycle.
- A boom is characterized by an economy working at full or near-full capacity, strong consumer demand, low rate of unemployment, and a rising Stock Market, usually accompanied by rapidly increasing consumer prices (inflation).
- It means simply prosperity in economics.
- Refer to link below for more details.
Wiki User
∙ 10y ago
Wiki User
∙ 9y agoBoom in economics is a time of large output within a population. It is marked by increases in productivity, sales, wages and higher demand. An economic boom may be accompanied inflation.
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Meaning of retail boom?
The meaning of a retail boom is when sales are going extraordinarily well. In order to be considered a boom, this increase in sales must take place over a short period of time.
What is the meaning of the word boom?
The meaning of the word boom is: to make a resonant sound, like artillery; "His deep voice boomed through the hall."
What is a property boom?
A property boom is a real estate and economic term. It is often used interchangeably with 'bubble.' During booms there are periods of aggressive growth in the real estate and land markets.
Put the phases of the business cycle in the correct order in which they follow a boom?
depression recovery boom recession Final phase
True or false a expansion of the economy always follows a peak or boom?
The simple answer to this questions is False. In economics you learn the ideal of a business cycle, which is the layout for economic cycles. The cycle represents a wave in a visual representation. A peak or boom is the point at which the GDP is maximized; this is then followed by a recession where the GDP is in decline. To follow the recession you have a trough cycle, which is the point where GDP is minimized. To follow the trough you have a recovery cycle where the GDP is in incline to the point of the peak or boom. So to answer the question in an economic business cycle term an expansion follows a trough in the economy and actually leads to a peak or boom.
Two word term meaning very rapid population growth?
Baby boom :)
How do you boom boom?
Immediately following the first boom, you boom again. Hence the term.
What is the meaning of boomed?
of Boom
Is bada big?
no, but bada is boom. also, bada comes from the latin term "badachi" meaning "look at me, I'm winning" and the term boom came from the greek for "booma" which means "attention grabber". SO put it together and it would end up as "direct your attention over here! I'm winning" so technically it cannot b boom
Meaning of retail boom?
The meaning of a retail boom is when sales are going extraordinarily well. In order to be considered a boom, this increase in sales must take place over a short period of time.
What is the meaning of the word boom?
The meaning of the word boom is: to make a resonant sound, like artillery; "His deep voice boomed through the hall."
What is another word for a ships boom?
A fore-and-aft sail is another term for a ship's boom
What does the term 'carb boom' mean?
Carb Boom! isn't a term but rather a name brand of a type of sports nutrition product. Carb Boom! is an energy gel containing concentrated amounts of carbohydrates that is often used by distance runners and triathletes.
Meaning of friendly letter?
nangungumusta malamang dba ''BOOM''
What is a 4 letter word meaning sail support?
BOOM
What is the meaning of the surname Van Der Boom?
Of the tree(s)
What is 3 letter word meaning boom times?
eeld
