the business cycle depicts quizlet

teamwork, cooperation, brainstorming @ Pixabay

The idea of the business cycle is that a business is cyclical, which means that there is a constant need for new business. This is a good analogy, because it is a good way to think about how we think and act, as well. When we think of the business cycle, we think about how we have to keep up with the demand for products in order to make money.

In life, however, we don’t think about demand and supply like we do in the business world. We are also not constantly trying to turn things around; it is more like we are just constantly trying to get ahead of the next cycle, or the next time of the cycle. A good example of this is how the stock market works.


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