A business cycle demonstrates the fiscal activity of an economy over a period of time. While business cycles differ in various ways, including how long they last, each of them has four distinct stages ...
Small-business owners need to realize that business operates in cycles. During the growth or maturation phase, businesses purchase equipment and hire employees. Eventually, they grow so large they can ...
A trough, in economic terms, can refer to a stage in the business cycle where activity is bottoming, or where prices are bottoming, before a rise.