Bussines Cycle

Phases of trading Cycle Presented By: Group 8 Arpita Bahadur Gaurav Kumar Ranjini Ballal Pavan Kumar Vani Vyas Manish Gupta Acknowledgement We are passing thankful to our faculty Dr. Gervasio S.F.L. Mendes, Alliance crease School, who guided and helped us in all possible ways to successfully baffle the topic Phases of Business Cycle. 2 Table of Contents 1. Introduction 2. Phases of Business Cycle 3. Factors shaping Business Cycle 4. Illustration 5. Theories of Business Cycle 6. Measures to control Business Cycle 7. Conclusion 8. Bibliography 4 5 10 14 16 21 23 24 3 Introduction The economy of a country and also the business line of an government activity are dynamic in record. It is because of this dynamic and continuous nature of frugal activities that a business goes through various phases, which unionize the business wheel around. The term Business Cycle is also apply interchangeably with Trade cycle. It refers to the fluctuations in production, employment and income of the state of a country. It is associated with alternating periods of Prosperity and Depression. Thus a business cycle is an alternating expansion and contraction in the overall business activity.

For display case, the fluctuation seen in the measure of aggregate economical activity such as Index of Production etc. So Business Cycle can be considerably defined as the upward and downward movement of economic activity that move ons around the growth trend. Characteristics of a Business Cycle Periodic, pass in nature A business cycle occurs periodically at fairly irregular intervals. Cyclical functions are continual in nature. A business cycle may occur once in 30 to 40 years and the cycle may vary from 7 to 10 years. Characterized by armorial bearing of crisis Recession in unity country affects economies of other countries as well. A downfall or recession in one sector affects other sectors of the economy. The Great Depression in 1929 is the example of the international character of business cycle.... If you want to get a full essay, order it on our website: Ordercustompaper.com

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