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What is the Business Cycles 4 Phases?

Business Cycles phases
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What is the Business Cycles 4 Phases?

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The 4 cycles of business are recession, low point or depression, expansion and recovery and then finally, peak. Should these cycles hold true, our country is just starting cycle 3. For more information, look here: http://www.socialstudieshelp.com/Eco_Bus…

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