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Is it an economic boon or boom?

Updated: 4/28/2022
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9y ago

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Could be either....a roaring economy can be called an economic boom, as in a boom time. However, most references to an action that creates good economic benefits is called a boon, as in a financial boon. Pizza MAN PEOP SO IM SMART

Boon

Any event or condition thought to benefit investors. It is not a technical term, and indeed is seen more often in newspaper headlines than heard in common parlance. Events as different as the central bank's lowering of interest rates and an individual company's better-than-expected earnings report may both be described as boons.

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