The boom and bust cycle is the alternating phases of economic growth and decline. It's another way to describe the business cycle or economic cycle. According to the Federal Reserve Bank of Richmond, these phases are inevitable. The more you understand their phases, causes, and history, the more you can protect yourself from their effects.

The boom and bust cycles are the Gross Domestic Product (GDP) cycle of upward and downward movements and their long-term trend. It helps identify the level of production in the economy and the performance of the associated economic indicators such as employment, inflation, stock performance, and investor behavior.

The boom and bust cycle is a process of economic expansion and contraction that occurs repeatedly. The boom and bust cycle is a key characteristic of capitalist economies and is sometimes ...

We found a very useful chart that rehashes the history of the economy since 1929, which shows every single boom and bust cycle since 1929, and the comments show what cause these cycles.