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Definition of Business cycle
1. Noun. Recurring fluctuations in economic activity consisting of recession and recovery and growth and decline.
Definition of Business cycle
1. Noun. (economics) A long-term fluctuation in economic activity between growth and recession ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Business Cycle
Literary usage of Business cycle
Below you will find example usage of this term as found in modern and/or classical literature:
1. Geometry and Identification: Proceedings of APSM Workshop on System Geometry by Róbert Hermann, Peter E. Caines (1983)
"THE business cycle. While few economists could confidently offer a precise
definition of “The business cycle,” fewer still would deny that it exists. ..."
2. Innovative People: Mobility of Skilled Personnel in National Innovation Systems by OECD (2001)
"Economic conditions, ie the business cycle, in the Nordic countries are used to
illustrate that some of the variations in mobility rates over time can be ..."
3. Skills Upgrading: New Policy Perspectives edited by Corinne Nativel (2006)
"From a business cycle issue to a structural one The long period of growth of the
1990s and the beginning of the 2000s did much to reintegrate unemployed and ..."
4. Some Aspects of Banking Theory by William Howard Steiner (1920)
"... by the dynamic character of modern industry, and the existence of the business
cycle, conditioned in large part by events of a non-banking nature. ..."