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Sage Social Science Thesaurus

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Concept information

contexts > population characteristics > socioeconomic factors > economic factors > business cycles
social science subjects > business and management > international business > economics of international business > business cycles
social science subjects > economics > economic concepts > market (economics) > business cycles
social science subjects > politics and international relations > governance > market (economics) > business cycles
... > social science subjects > business and management > management settings > business management > governance > market (economics) > business cycles

Preferred term

business cycles  

Definition

  • Capitalism is a society and economy notorious for its instability over time. The history of capitalist economies is replete with boom and bust periods, epochs of rapid growth, high profits, and low unemployment followed by periods of crisis, economic depression, bankruptcies, and high unemployment. [Source: Encyclopedia of Geography; Business Cycles and Geography]

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URI

https://concepts.sagepub.com/social-science/concept/business_cycles

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