Investopedia / Mira Norian An economic cycle is the overall state of the economy as it goes through four stages: expansion, peak, contraction, and trough. An economic cycle, also known as a ...

The concept of economic cycles is pivotal in understanding ... preparing for the next cycle. Understanding how these phases affect employment, wages, prices, and investments is crucial for ...

C.S. Holling first introduced the concept of the adaptive cycle in 1986 to describe ... mirroring the four phases of the model. The framework helps explain the accumulation and release of social, ...