Question

give the characteristics of trade cycle...​

Answer 1

Explanation:

• 1. Wave like movement in economic activity showing an upward trend and downward trend in the economy.
• 2. it occurs periodically but they donot show same Regularity

Answer 2

A trade cycle is composed of periods of good trade characterized by rising prices and low unemployment percentages, alternating with periods of bad trade characterized by falling prices and high unemployment percentages.”.

#ANONYMOUS