Beruflich Dokumente
Kultur Dokumente
Industrial revolution
Amplitude of Business
cycle
Secular trend
Seasonal variations
Accidental Variations
Prosperity Phase
Crisis phase
Depression phase
Recovery Phase
Sun-spot theory
psychological
Overproduction
maladjustment
over saving
Self generating
Other
3 groups:
Physical theories that are concerned
with changes in the physical environment
like sun-spot theory of Jevons
Emotional theories which associate
business fluctuations with cycles of
optimism and pessimism of business men
institutional attribute business cycles
to business practices like maladjustment
theory.
Stabilization of business
cycle
Control of credit
By the government
Adopting a plan to construct public
buildings, roads, bridges, and other
public works during the period of
slack business rather than during
the period of prosperity.