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Meaning of boom or bust

Source language: EnglishDictionary language: English

boom or bust

noun

Definitions

  1. A pattern of high prices in a given market or in the entire economy followed by ruinously low prices, falling production, and bankruptcies by producers; prosperity followed by recession.

adjective

Definitions

  1. Featuring or characterized by a boom and bust cycle in a market or an economy, in which rapid price increase is followed by falling prices or recession.

Sources:https://en.wiktionary.org/wiki/boom%20and%20busthttps://en.wiktionary.org/wiki/boom%20or%20busthttps://en.wiktionary.org/wiki/boom-and-bust

Related words

boom and bustboombustbubbleboomletbusiness cyclecrashupturn