Business Cycle: defined by the Sticky-Marketing.com monthly magazine |
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Business Cycle, refers to the phenomenon that exists in many markets of periods of growth followed by decay or decline. Business and economic cycles may exist because rather than being able to find a equilibrium state, markets are doomed to change state in response to the limitations and rules imposed by the intervention of governments with regulation and taxation, and the changing global landscape affecting imports, exports and the flow of capital and people from and to diverse geographical markets. In recent times there has been some debate about the disparity between the UK Ecomomic cycle and that of the continental European economies within the EMU area. This is seen by many as a threat and opportunity for Britain as regards timing when considering joining the European Single Currency, the Euro. 14/08/2001 Use your browser back button or
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