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12 July, 15:19

What is the movement of an economy from one condition to another and back again

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  1. 12 July, 15:44
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    The business cycle is the movement of an economy from one condition to another and back again. The business cycle is also known as the economic cycle or trade cycle. This cycle represents the movement of resources from one end and their comeback at the same end after revolving. It can be understood as a businessman invests money in the business in the form of costs and the money comes back in the form of revenue or sales.

    Hence the answer is the Economic cycle
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