boom-bust cycle meaning, boom-bust cycle definition | English Cobuild dictionary

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boom-bust cycle

     ( boom-bust cycles    plural  ) A boom-bust cycle is a series of events in which a rapid increase in business activity in the economy is followed by a rapid decrease in business activity, and this process is repeated again and again.     (BUSINESS)      n-count  
We must avoid the damaging boom-bust cycles which characterised the 1980s.     
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