Coping with economic cycles
Synonyms: Managing business cycles
Context: The theory of cyclic nature of economic expansion and contraction was formerly influenced by the cyclic nature of production of food and some primary commodities, and the simplistic dilation and contraction in the supply-demand market model. Currently it is conceived as an outcome of over-correcting government (intervention) policies.
Subjects: Business enterprisesManagement Economic
Type Classification: D: Detailed strategies