what are the causes of change in formation ?
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The cyclic pattern of changes that occurs in the economy is caused by many factors in combination. There are internal factors within the economy that may be causing these changes. And there are also external factors which may lead to a boom or bust of an economy. Let us take a look at all the causes of business cycles.
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The Earth's surface is constantly changing. ... There are basically 2 types of changes that occur to the earth's surface (i) Slow change and (ii) fast change. Fast changes occur through the actions of Earthquakes, volcanoes, landslides, etc. while slow change takes time and has a process.
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