answersLogoWhite

0

A business cycle is driven by various factors, including changes in consumer demand, investment levels, government policies, and external shocks such as natural disasters or geopolitical events. Fluctuations in economic indicators like GDP, unemployment, and inflation also play a significant role. Additionally, monetary policy, such as interest rate adjustments by central banks, influences borrowing and spending, further impacting the cycle. Overall, the interplay of these elements leads to periods of expansion and contraction in the economy.

User Avatar

AnswerBot

1mo ago

What else can I help you with?