business cycle
Pronunciation
/bˈɪznəs sˈaɪkəl/
British pronunciation
/bˈɪznəs sˈaɪkəl/

“business cycle”的英语定义和含义

Business cycle
01

经济周期, 商业周期

the rhythmic pattern of economic growth and decline, consisting of phases such as expansion, peak, contraction, and trough
Wiki
example
例子
During an economic expansion phase of the business cycle, consumer spending tends to rise, leading to increased production and job opportunities.
商业周期的经济扩张阶段,消费者支出往往会增加,从而导致生产和就业机会的增加。
The peak of the business cycle is marked by high employment levels, robust economic activity, and often, inflationary pressures.
商业周期的顶峰以高就业水平、强劲的经济活动以及通常的通货膨胀压力为标志。
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