Breaking Down The Business Cycle
Manage episode 342719397 series 3337268
The business cycle is just a termed used to describe the increase and decrease pattern in economic activity over time. And by economic activity, I mean all activities that produce, trade, and consume goods/services within the U.S. So, this can include businesses, employees, and consumers. So, the total amount of productivity within these areas is what the business cycle is referring to.
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