What is a boom or bust cycle?


Boom cycle is where the economy is great, everyone is making money. A bust cycle is
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In http://www.answers.com/topic/economics, the term boom and bust refers to the movement of an economy through http://www.answers.com/topic/business-cycle. The Boom-Bust economic
In economics, the term boom–bust cycle describes a time period characterized by sustained increases in several economic indicators followed by a sharp and rapid contraction.
Economic cycles can't be eliminated though they can be tempered through sound fiscal and monetary policy. The cycles are driven by markets which in turn are driven by people and
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An economic boom is a period characterised by an increase in output and rapid economic growth. In the boom-bust cycle, the boom is the period accompanied by an ...
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