trade cycle

n (Economics) the recurrent fluctuation between boom and depression in the economic activity of a capitalist country. Also called (esp US and Canadian): business cycle

Thesaurus

Noun

trade cycle - recurring fluctuations in economic activity consisting of recession and recovery and growth and declinebusiness cyclevariation, fluctuation - an instance of change; the rate or magnitude of change

trade cycle

business cycle

fluctuating phases in the working of the capitalist economy. Periods of expansion of economic activity (recovery or boom) are followed by periods of slow-down or contraction (recession or depression) as economic demand and rates of profit fall. See also ECONOMIC CRISES, LONGWAVE THEORY.

FinancialSeebusiness cycle

trade cycle

noun

Synonyms for trade cycle

noun recurring fluctuations in economic activity consisting of recession and recovery and growth and decline

Synonyms

business cycle

Related Words

variation
fluctuation

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