Definition of trade cycle in English:
Another term for business cycle.
- He was at a complete loss when it came to advancing any sound argument to demolish the monetary theory of the trade cycle.
- During the boom phase of the trade cycle, businesses hire new workers, many of whom are pulled from other lines of work by the higher wages.
- Our problem is a trade cycle, not recurring slumps due to insufficient spending.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in India
Most popular in Pakistan