An economic cycle, also known as a business cycle, refers to economic fluctuations between periods of expansion and contraction. Factors such as gross domestic product (GDP), interest rates ...
Periods during which a business, an industry or the entire economy ... make the difference between success and failure when the cycle turns the other way. Also think twice before adding expenses ...
Over the course of a business cycle, GDP might contract for a period ... in economic activity lasting several years, but the exact definition and specifications of a depression are less clear.
Just as corporations experience general phases of growth and contraction, known in sum as their business cycle, the economy also experiences peaks, categorized by expansion and high employment ...
The length of the cycle depends on the nature and volatility of the business, as well as the software ... management and ISO/IEC 12207. THIS DEFINITION IS FOR PERSONAL USE ONLY.
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