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Q: What happens to a economy during a boom cycle?
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What is the boom period?

The Boom Period is a part of the business cycle where there is a continuous growth in the economy.


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.


What was the economy like during the baby boom?

The economy was bouncing back because they started to gear toward products.


What happens above the earth ground during and earthquake?

Boom


What actors and actresses appeared in Boom Bust Boom Bust Boom - Your Part in Ruining the Economy - 2014?

The cast of Boom Bust Boom Bust Boom - Your Part in Ruining the Economy - 2014 includes: Philip Bulcock as Various Terry Jones as himself


What is a boom capitalist economy?

Something really or or amazing in the economy


The business cycle goes from boom to recession to and back to boom.?

Depression.


What are the automatic stabilizers in the economy?

Unemployment benefits and taxation. These are 'automatic stabilizers', because they vary with the business cycle. In a boom period, taxes will increase, and unemployment benefits will fall; whereas during a downswing/ recession, taxes will fall and unemployment benefits will increase.


What is a boom in the economy?

when the economy suddenly gets better and grows rapidly


What mining cycle was repeated throughout the west?

The cycle of boom and bust.


What is true in a boom bust cycle?

When the number of plants decrease, the number of animals decrease.


What is the definition of a high throughput economy?

Boom