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The term boom and bust cycle is used in finance. One thing which is true in a boom and bust cycle is that there is always a contracting and expanding economic expansion.

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Jarred Krajcik

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2y ago
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12y ago

Cycle of a Boomtown-

1.Gold and silver dried out

2.Miners moved away

3.merchant closed shop.Businesses closed.

Boomtown: a town that has a sudden burst of economic or population growth.

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Q: What is the cycle of a boom town?
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