Business Cycle
📈 Investing
intermediate

Quick Definition

The business cycle refers to the fluctuations in economic activity that an economy experiences over a period of time, typically characterized by phases of expansion, peak, contraction, and trough.

Examples

  • 1During an expansion phase, a company might increase its workforce and production to meet rising demand.
  • 2In a contraction phase, businesses may experience declining sales, leading to layoffs and reduced spending.
  • 3The peak of a business cycle often sees heightened economic activity and possibly inflation before slowing down.
  • 4During the trough phase, the economy is at its lowest point, which may prompt government interventions like stimulus packages.

Tags

business-cycleeconomic-growthrecessionexpansioneconomic-fluctuations