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Examples Of 1929: Alternating Periods Of Economic Growth And Contraction

Satisfactory Essays
What are business cycles?
a) The movement of managers and business leaders from one business to another. b) Changes in stock prices.
c) The movement of a product from production to market.
d) Alternating periods of economic growth and contraction.
The answer is d) Alternating periods of economic growth and contraction.
Discussion Question What are business cycles and where within the business cycle was the United States operating in October of 1929?
In the most basic terms, business cycles refer to fluctuations in the economic growth of a nation's economy. Sometimes, business cycles are simply referred to as ups and downs in the economy. The U.S. economy has experienced economic fluctuations throughout its history. For example,
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