| 单词 | boom-bust cycle |
| 释义 | boom-bust cycleWord forms: plural boom-bust cycles countable noun A boom-bust cycle is a series of events in which a rapid increase in business activity in the economy is followed by a rapid decrease in business activity, and this process is repeated again and again. [business] We must avoid the damaging boom-bust cycles which characterised the 1980s. boom-bust cycle in Finance (bum bʌst saɪkəl) Word forms: (regular plural) boom-bust cycles noun (Finance: Economics) boom, bustA boom-bust cycle is a series of events in which a rapid increase in business activity in the economyis followed by a rapid decrease in business activity. We must avoid the damaging boom-bust cycles which characterized the last decade. There was a boom-bust cycle in the asset markets that preceded the currency crisis, in which stock and land pricessoared, and then plunged in all of the affected countries. A boom-bust cycle is a series of events in which a rapid increase in business activity in the economyis followed by a rapid decrease in business activity. |
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