Investopedia / Mira Norian 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 ...

The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is ...

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.