Question

give meaning of trade cycle and important phasesof tread cycle​

Answer 1

Here your answer

The trades cycle or business cycle are cyclical fluctuations of an economy. ... The upward phase of a trade cycle or prosperity is divided into two stages—recovery and boom, and the downward phase of a trade cycle is also divided into two stages—recession and depression.

Mark me brain list

Answer 2

The trades cycle or business cycle are

cyclical fluctuations of an economy. The upward phase of a trade cycle or prosperity is divided into two stages— recovery and boom, and the downward phase of a trade cycle is also divided

into two stages—recession and depression.