Knowledge Tree
business cycle
Also known as: economic cycle
Facts (13)
Sources
Systemic or “Macro” Factors that Affect Financial Thinking nicoletcollege.pressbooks.pub 6 facts
imageDuring a 'Recession' phase of the business cycle, the rate of GDP increase is negative and the rate of unemployment is higher.
imageDuring a 'Boom' phase of the business cycle, the rate of GDP increase is unsustainably high and the rate of unemployment is unsustainably low.
imageDuring an 'Expansion' phase of the business cycle, the rate of GDP increase is positive and the rate of unemployment is at a 'natural' or minimal level.
claimMarket economies are characterized by cyclical patterns often described as peaks and troughs, boom and bust, growth and contraction, or expansion and correction.
imageDuring a 'Depression' phase of the business cycle, the rate of GDP increase is unsustainably low and the rate of unemployment is unsustainably high.
claimThe business cycle is the tendency of an economy to be cyclical, alternating between periods of expansion and contraction.
Learning the Significance of Key Economic Indicators - PIMCO pimco.com 3 facts
claimThe business cycle, or economic cycle, describes fluctuations in an economy over time through a pattern of expansion and contraction, characterized by peaks and troughs.
claimThe two primary measures used to track the business cycle are GDP growth and unemployment.
claimCentral banks typically lower interest rates during the contraction phase of the business cycle to promote economic recovery.
1.3: Systemic or "Macro" Factors That Affect Financial Thinking biz.libretexts.org Aug 23, 2025 2 facts
claimThe business cycle refers to the tendency of an economy to be cyclical, usually expanding but sometimes contracting, as markets require self-correction to regain equilibrium after periods of growth.
measurementDuring a 'Boom' stage of the business cycle, the rate of GDP increase is unsustainably high and the rate of unemployment is unsustainably low. During an 'Expansion' stage, the rate of GDP increase is positive and the rate of unemployment is 'natural' or minimal. During a 'Recession' stage, the rate of GDP increase is negative and the rate of unemployment is higher. During a 'Depression' stage, the rate of GDP increase is unsustainably low and the rate of unemployment is unsustainably high.
Business ecosystems as a way to activate lock-in in business models link.springer.com Mar 28, 2025 1 fact
referenceSchumpeter published the book 'The theory of economics development: An inquiry into profits, capital, credit, interest, and the business cycle' via Harvard University Press in 1934.
Biases in Behavioral Finance - World Scholars Review worldscholarsreview.org Sep 15, 2024 1 fact
claimUnderstanding investor behavior could help explain stock market anomalies, prevent costly investment mistakes, dampen the business cycle, and lessen the impact of destructive asset bubbles.