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Describe how the business cycle changes?
The business cycle under free enterprise is a recurring cycle of booms and busts, recoveries and recessions, as various areas of the economy either grow or wither.
The business cycle goes from boom to recession to?
A recurring cycle of booms and busts, recoveries and recessions ere...
What defines the business cycle?
the preferred mode of transport for ecologically aware business owners a system of managing the economy by increasing or decreasing the supply of money a recurring cycle of booms and busts, recoveries and recessions a system of managing the economy by increasing or decreasing federal expenditures
What is the business cycle?
A recurring cycle of booms and busts, recoveries and recessions
When mining booms were followed by busts boom town turned into?
Ghost towns
When mining booms were followed by busts boom towns turned into what?
Ghost towns
How are economic booms and busts related?
Boo is a time of fast economic or population why bust is a time of fast economic decline
What is a bussiness cycle?
A business cycle refers to the recurring pattern of expansions and contractions in economic activity over time. It typically consists of four phases: expansion, peak, contraction, and trough. These cycles are a natural part of the economic system and are influenced by various factors such as consumer spending, government policy, and technological advancements.
What is businesses cycle?
Answer is: [A recurring cycle of booms and busts, recoveries and recessions] (Go Apex Kids;)Business cycle (trade cycle) refers to the fluctuations in economic activities due to the changes in the economic variables like employment, income, output, prices etc.The definition of a business cycle is " a cycle or series of cycles of economic expansion and contraction."a period of economic growth followed by economic contraction (gp)
How can financial liberalizations lead to financial crisis?
A financial liberalization generally start out with an accelerated financial growth, but in most cases always leads to a less stable financial systems with frequent booms and busts from risky practices in the long term.
Why was the federation created?
Theoretically it was to to bring federal oversight to a largely unregulated banking industry, which had experienced severe booms and busts over the previous century. In fact, the Great Depression occurred after the creation of the Federal Reserve and many economists beileve that mistakes made by the Federal Reserve created or worsened the Great Depression. The Dollar has lost most of its value since the inception of the Federal Reserve. Historcal fact suggests that the Federal Reserve has been a destabilzing force in the U.S. and world economy.
Who is Adam smith-?
Which one? You probably mean the Scottish philosopher/Economist. He is most famous for defining modern economic theory in a book called "Wealth of Nations" See:http://en.wikipedia.org/wiki/Adam_Smith_%28disambiguation%29 In a roundabout way (as a result of the aforementioned philosophy/book) he is respensible for booms and busts and all the greed that causes the cycle to go from one to the other!
