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Definition of Boom and bust
1. Noun. (economics finance business) A pattern of high prices in a given market or in the entire economy followed by ruinously low prices, falling production, and bankruptcies by producers. ¹
¹ Source: wiktionary.com
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1. Noun. (economics finance business) A pattern of high prices in a given market or in the entire economy followed by ruinously low prices, falling production, and bankruptcies by producers. ¹
¹ Source: wiktionary.com