What is the Business Cycle and How Does it Work?

[wp_ad_camp_1] The business cycle affects everyone, from the busy banker to a simple utility worker. These two words mean a lot in daily broadsheets because the effects can be tremendous enough to shake the entire stock market and bring people out of job. What actually is a business cycle and how does it work? If it is a cycle, can it be predicted? What are the important characteristics we should know about?

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