Question

What were the two effects of the economic bust and boom 3-5 sentences. please help

Answer 1

Answer:

The boom and bust cycle is a key characteristic of capitalist economies and is sometimes synonymous with the business cycle. During the boom the economy grows, jobs are plentiful and the market brings high returns to investors. In the subsequent bust the economy shrinks, people lose their jobs and investors lose money.

Explanation:

Answer 2

The win and fail cycle is a critical attribute of entrepreneur economies and is in some cases inseparable from the business cycle. During the blast the economy develops, occupations are abundant and the market carries significant yields to financial backers. In the resulting bust the economy recoils, individuals lose their positions and financial backers lose cash.