The Business Cycles as a Form of Economic Development

1.

Financial University under the Government of the Russian Federation
Chair “Foreign Languages”
Discipline “Professional Foreign Language”
Made by students:
Grigorieva J.
Troitsky-Markov A.
Checked by:
Senior professor Gazaryan T. R.

2.

3.

Irregular
Movements
in
economic
activity
Economic
cycle
Periodic

4.

5.

Overproduction
and
Bankruptcy
Unemployment
and
Low wages
Lake of money
and
Debts
Increasing
Interest rate

6.

Free capital
Prices
Industry
Stocks of goods
Employment
Interest rate

7.

Empty stock
Increase of demand
High level of profit
Investments
Low rate of interest

8.

Operating at maximum capacity:
Full employment;
High investments and spending;
Expansion of production;
High wages and profits;
High prices.

9.

External
Internal
• Political and other
events;
• Unstable consumer
spending;
• New land discoveries;
• Unstable investment
rate;
• Climate conditions.
• Recourses price
changes.