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boom-bust cycle
/bˈuːmbˈʌst sˈaɪkəl/
/bˈuːmbˈʌst sˈaɪkəl/
boom and bust cycleBoom-bust cycle
01
an economic cycle characterized by periods of rapid economic expansion followed by periods of contraction or recession
Examples
The housing market experienced a classic boom-bust cycle, with prices soaring rapidly before crashing suddenly.
Economists are concerned that the current boom-bust cycle in technology stocks could lead to another financial crisis.
