What is a boom or bust cycle?

Answer

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
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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.
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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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