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6.1.1—Business cycle

Syllabus
0264–2027–2028
Objective
6.1.1
Level

6.1.1—Business cycle

  • main stages of the business cycle: growth, boom, recession, slump
  • how each stage of the business cycle may affect a business
  • effects of changes in the levels of employment, inflation and economic growth on a business
ConceptIGCSE Business Studies