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■1. What is Trade Cycle?


Every country witnesses boom and
depression periodically.
▪︎Depression is characterised by falling
production, falling prices and rise in
unemployment.
On the other hand
▪︎, boom is characterised by rising
production, rising prices and high
employment percentage.
▪︎These changes of boom and depression
are cyclical in nature.
▪︎Hence, these are called Trade or
Business Cycles. Rhythmic fluctuations
taking place in an economy, at intervals, in
the form of boom and depression are
called Trade or Business Cycles.
Trade cycle.pdf
Trade cycle.pdf
Trade cycle.pdf
Trade cycle.pdf
Trade cycle.pdf
Trade cycle.pdf

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Trade cycle.pdf

  • 1.
  • 2. ■1. What is Trade Cycle? Every country witnesses boom and depression periodically. ▪︎Depression is characterised by falling production, falling prices and rise in unemployment. On the other hand ▪︎, boom is characterised by rising production, rising prices and high employment percentage. ▪︎These changes of boom and depression are cyclical in nature. ▪︎Hence, these are called Trade or Business Cycles. Rhythmic fluctuations taking place in an economy, at intervals, in the form of boom and depression are called Trade or Business Cycles.