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trade cycle

British  

noun

  1. Also called (esp US and Canadian): business cycle.  the recurrent fluctuation between boom and depression in the economic activity of a capitalist country

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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The biggest contribution to unemployment outside the downward slopes of the trade cycle, Beveridge argued, was the inefficiency of industry when it came to hiring workers.

From The Guardian • Sep. 21, 2017

Yet evidence accumulates that a turn in the trade cycle is at hand.

From Time Magazine Archive

The threat of foreign tariff reprisals alarmed big exporting industrialists as much as the prospective disruption of the world trade cycle.

From Time Magazine Archive

They used to occur so regularly that long before the war people had come to speak of cyclical fluctuations, or to use a phrase which is now common, the trade cycle.

From Essays in Liberalism Being the Lectures and Papers Which Were Delivered at the Liberal Summer School at Oxford, 1922 by Various