boom and bust

English

Alternative forms

boom-and-bust (adjective)
boom or bust

Noun

boom and bust (plural booms and busts)

(economics, finance, business) A pattern of high prices in a given market or in the entire economy followed by ruinously low prices, falling production, and bankruptcies by producers; prosperity followed by recession.

Translations

pattern in prices

Persian: رونق و رکود‎ (rownaq o rokud)

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