Tööstustsüklite
Tööstustsüklid refer to the cyclical fluctuations in economic activity that characterize industrialized economies. These cycles are a natural and recurring phenomenon, not a sign of permanent decline. They are typically characterized by periods of expansion and contraction.
The expansion phase, often referred to as a boom, is marked by strong economic growth, rising employment,
Following the expansion, an economy usually enters a contraction phase, also known as a recession. This is
These cycles are influenced by a variety of factors, including changes in consumer and business confidence,