kasvusyklisten
Kasvusyklisten is a Finnish term that translates to "growth cycles" or "growth phases." It generally refers to the recurring patterns of expansion and contraction observed in various systems, most commonly in economics. In an economic context, kasvusyklisten describes the business cycle, a period of expansion and contraction in the level of economic activity. These cycles are characterized by fluctuations in gross domestic product (GDP), employment, industrial production, and inflation.
The typical economic kasvusyklisten consists of four phases: expansion, peak, contraction (or recession), and trough. During
While most often applied to economics, the concept of kasvusyklisten can also be used metaphorically to describe