Business Cycle
Janae York Economics – Business Cycle The economic cycle, or business cycle, is a cyclical pattern of business (economic) activity. ... In the model of the business cycle, there are four main phases – the boom (peak), the downswing, the trough and the upswing. ... Due to the upswing, the ‘boom’ is the peak of the business cycle. ... These factors all begin to increase the level of economic activity in the economy, leading on to yet another upswing in the business cycle. ... o Growing business investment Increased investment as a result of low interest rates and profitability of business.