What is another word for boom and bust?

Pronunciation: [bˈuːm and bˈʌst] (IPA)

The phrase 'boom and bust' is used to describe the pattern of economic fluctuation where there are periods of economic growth followed by a sharp decline. Synonyms for 'boom' could be 'expansion', 'surge', 'spike', 'growth' and 'peak'. Similarly, synonyms for 'bust' could be 'recession', 'downfall', 'collapse', 'crash' and 'slump'. These synonyms are important to use in economic discussions to avoid using repetitive language, and to highlight the different stages of the economic cycle. It is important for policymakers, businesses and investors to understand the nature of boom and bust cycles and the impact they can have on economies.

Synonyms for Boom and bust:

What are the hypernyms for Boom and bust?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Boom and bust

  • I think the dot-com boom and bust represented the end of the beginning. The industry is more mature today.
    Carly Fiorina
  • Accounting for the artificial boom and the consequent bust is not part of Keynesian income-expenditure analysis, nor is it an integral part of monetarist analysis.  The absence of any significant relationship between boom and bust is an inevitable result of dealing with the investment sector in aggregate terms.  The analytical oversight derives from theoretical formulation in Keynesian analysis and from empirical observation in monetarist analysis.  But from an Austrian perspective, the differences in method and substance are outweighed by the common implication of Keynesianism and monetarism, namely, that there is no boom-bust cycle of any macroeconomic significance.
    Roger Garrison

Related words: causes of a boom and bust cycle, causes of a cycle, economic cycles, best economic cycles, business cycles, economic cycle, economic cycle definition

Related questions:

  • Is there a boom and bust cycle in the economy?
  • What is the cause of a boom and bust cycle?
  • What is the definition of a boom and bust cycle?
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