The business cycle is the fluctuation in economic activity that an economy experiences over a period of time. A business cycle<span> is basically defined in terms of periods of expansion or recession.
</span>From a conceptual perspective, the business cycle<span> is the upward and downward movements of levels of GDP (gross domestic product) and refers to the period of expansions and contractions in the level of economic activities (</span>business<span> fluctuations) around a long-term growth trend .</span>
Answer:
"alienation"
Explanation:
Karl Marx was a German philosopher born in Trier, Germany on May 5, 1818. According to my research on studies by Karl Marx, I can say that based on the information provided within the question the term used to describe this is called "alienation".
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<span>The fact that in this market scenario the suppliers can only achieve competitive parity and not a competitive advantage means that </span><span>the coffee bean industry in Matterstein best illustrates </span>perfectly competitive structure. In this type of market structure the product is homogenous, coffee is homogenous. There are many firms and there is freedom to enter and exit the market.
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