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Furthermore, what is a business cycle? Economies tend to follow patterns of behavior, ebbing and flowing in specific ways in response to increasing and decreasing levels of economic activity. These patterns are collectively known as a business cycle or economic cycle. The business cycle includes four distinct phases Expansion Peak Contraction Trough By understanding the cycle and how it works, businesses ... This aspect of What Is Business Cycle Definition Internal And External plays a vital role in practical applications.
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Moreover, what is a business cycle? Economies tend to follow patterns of behavior, ebbing and flowing in specific ways in response to increasing and decreasing levels of economic activity. These patterns are collectively known as a business cycle or economic cycle. The business cycle includes four distinct phases Expansion Peak Contraction Trough By understanding the cycle and how it works, businesses ... This aspect of What Is Business Cycle Definition Internal And External plays a vital role in practical applications.
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