The Business Cycle | Economics

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The business cycle (or economic cycle) is a fluctuation of business activity that an economy, whether that be the U.S. economy that of another country, experiences over a period of time. Business cycles are a normal byproduct of economic activity and understanding their movements can provide an advantage to business owners, investors, and consumers. In this lecture, you'll learn about the key components of a business cycle (expansions and contractions), and also some of the common characteristics of economies going through varying stages of the business cycle.

Видео The Business Cycle | Economics канала Alanis Business Academy