economic boom

Definition

A period of significant output within a population. The period is marked by productivity increases, sales increases, wage increases and rising demand. An economic boom may be accompanied by a period of inflation.

Use economic boom in a sentence

  • You may find that an economic boom will do great things for your company and will need to adjust to the times.

    9 people found this helpful
  • Thanks to the well timed arrival of World War II, the United States found itself the recipient of an economic boom, the likes of which it had never experienced before.

    3 people found this helpful
  • There was a huge economic boom and everything started to fly off the shelves at an alarming rate, which was great for business.

    11 people found this helpful
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/economic-boom.html

Have a question about economic boom? Ask for help in the
Community
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z