What is the economic cycle?

What is the economic cycle?

Because the system of the economy is not always able to grow. But it's not going to be downhill all the time. It needs to be adjusted all the time, so economic forecasts are important in business or investment. Because if you can predict which period of the economy is suitable for investment, it will generate profit. Including that there will be an appropriate business or investment plan. For example, capital preparation, which is a tool that allows businessmen or investors to predict the economic system, namely the economic cycle.

economic cycle It is a cycle that shows how the economy is in a period of growth or recession. In order to be used as an aid in making investment decisions or running a business. Including reducing the risk of loss and having the opportunity to receive high returns as well

period of the economic cycle

The economy during the expansion period

It was a period when businessmen and investors who were very interested because in this period, it was a golden minute that would be profitable from investment because they had just passed the period when the economy was lower, causing people to use a lot of money.

Economy during the peak period

booming economy Or what many people call the peak period, is the time when the demand for employment in the labor market is very high. Because the economy is at its best, the manufacturing sector requires a large amount of labor to be used in production. to meet the needs of the market that is growing In this period, there is often a problem with inflation.

The economy during a recession Contraction

The period that will continue from the booming economy is During the economic recession, things that used to be high will gradually decrease in numbers, whether it is the demand for labor. shopping As a result, the production sector has decreased production according to the market demand that is also less. This is something both the public and private sectors need to pay attention to in order to avoid serious consequences.

Economic Downturn Trough

is the worst period of the economy It can be observed that the unemployment rate is counter to the demand of the labor market. Investors and business people There will be no investment during this period, including the general public will not want to spend a lot of money. As a result, there is no money in circulation in the economy. It is during the most sluggish economy.

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