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What is businesses cycle?

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Anonymous

9y ago
Updated: 3/26/2022

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)

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Marvin Durgan

Lvl 10
3y ago

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