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.
explain the role of needs in the business cycle
The components of the business cycle is Prosperity, Recession, and depression.
A business cycle caused when incumbent politicians try to manipulate the economy to increase their chances of reelection.
When the GDP stops falling, the business cycle is a trough.
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.
Solar energy drives water cycle. It helps in evaporation.
The solar magnetic cycle is driven by the magnetic flux.
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explain the role of needs in the business cycle
The components of the business cycle is Prosperity, Recession, and depression.
Energy from the sun
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what is definition of business cycle in the phillipines
The sun/solar energy is the driving force behind the water cycle.
mostly it varies but one usual length of business cycle is recession,fiscal recovery,growth and decline.when business go through all these its business cycle complete
Most simply put, volcanism and erosion.
business is good