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business cycle

busi

ˈbɪz

biz

ness

nəs

nēs

cy

saɪ

sai

cle

kəl

kēl

/bˈɪznəs sˈaɪkəl/

Definition & Meaning of "business cycle"in English

Business cycle

01

the rhythmic pattern of economic growth and decline, consisting of phases such as expansion, peak, contraction, and trough

Examples

During an economic expansion phase of the business cycle, consumer spending tends to rise, leading to increased production and job opportunities.

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Nearby Words

business before pleasure

business as usual

business and technology education council

business directory

business district

business journalism

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