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jeyben [28]
3 years ago
9

Describe the actual business cycle​

Business
1 answer:
luda_lava [24]3 years ago
4 0

Answer:

A business cycle includes the following:

1. Recession

2. Trough

3. Recovery

4. Expansion

Explanation:

A business cycle includes the following:

1. Recession

2. Trough

3. Recovery

4. Expansion

The characteristics of the expansion areas follows:

1. Economic Growth

2. Upward pressure on prices

A business cycle affects various sectors of a firm and an economy.

A business cycle refers to a tool that can be utilized to analyze the economy to make various financial decisions.

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