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单词 boom-bust cycle
释义
boom-bust cycle
Word forms: 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.
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更新时间:2024/11/15 12:32:04