sábado, 28 de febrero de 2009

ECONOMIC CYCLES: Recession or Crisis?



We begin defining economic cycles, these are defined as a type of regular fluctation of the economic activities throughout the time. The main phases of the cycle are the one of height or expansion, where the economic ativity and the use grow total, and the one of recession or contradiction, where the rate of the economy falls and descend - or these variables stagnate.

The recessions are a subject that not only worries to the economists but to the society generally and although they are part of a normal economic cycle characterized by the diminution of the activity, the use and the use and the east production subject continues worryign since at times of recession usually it also falls the investment and there is a tendency towards the diminution of the inflation.


Also them usually it is called depressions, even though this I finish would only have to be used in extreme cases only if the depression is very intense, although many other people use the word crisis although this I finish belongs more to the daily language that to the technician and is used in little rigous form is continued using to allude to situation of acute recession.

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