boom
Definition
Period that follows recovery phase in a standard economic cycle. A boom is characterized by an economy working at full or near-full capacity, strong consumer demand, low rate of unemployment, and a rising stockmarket, usually accompanied by rapidly increasing consumer prices (inflation).
boom is in the Economics, Politics, & Society subject.
boom appears in the definitions of the following terms: Great Depression, automatic fiscal stabilizers, greater fool theory, defensive securities, financial leverage and overshoot and collapse
boom appears in the other terms: baby boomers, boomerang method
This content can be found on the following page:
http://www.businessdictionary.com/definition/boom.html
email to a friend
print this definition
cite this definition
link to this page