Daily Point 2275 Economic cycle

The Banking Tutor 

Daily Point 2275 

Economic cycle

(Trade Cycle or Business Cycle) 

Economic Cycle is the circular movement of an economy as it moves from expansion to contraction and back again. Economic expansion is characterized by growth and contraction, including recession, a decline in economic activity that can last several months. Four stages characterize the economic cycle or business cycle. The business cycle depicts the rise and fall in output (production of goods and services), over time. 

Sekhar Pariti

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