What is the Definition of Business cycle?

What is the Definition of Business cycle?

regular pattern of 'boom and bust'upturns and downturns in economic demand and output repeating every 5-7 years.

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Label: Geography
Theme: Dictionary of Geography Terms

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What is the Definition of Business cycle in Geographic Terms?

You can find other random definition and meaning of geographic terms below:

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What is the meaning of Rotational Slip

Form of mass movement where material moves suddenly along a curvilinear plane. Also called a slump.

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What is the meaning of Science

Science is a way of acquiring knowledge. To do science, one must follow a specific universal methodology. The central theme in this methodology is the testing of hypotheses and the ability to make predictions. The overall goal of science is to better understand nature and our Universe.

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What is the meaning of Scavenger

Heterotrophic organism that mainly consumes dead animals or the parts of dead animals for food. These organisms do not kill their food. Examples of carnivores include flies, various species of vultures, crabs, and hyenas. Also see herbivore, detritivore, omnivore, and carnivore.

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