Business Cycle (Noun)
Meaning
Recurring fluctuations in economic activity consisting of recession and recovery and growth and decline.
Classification
Nouns denoting natural events.
Examples
- The business cycle played a crucial role in predicting economic trends and patterns, which was essential for companies to make informed investment decisions.
- Understanding the business cycle helped policymakers develop strategies to mitigate the negative impacts of recession and stimulate growth during periods of economic decline.
- Economists studied the business cycle to identify key indicators that signaled the onset of a recession or the beginning of a recovery phase.
- The length and severity of the business cycle varied greatly between countries, depending on factors such as government policies, global events, and technological advancements.
- Analysts often monitored the business cycle to forecast economic downturns and upswings, enabling them to provide accurate advice to investors and businesses.