Our Economy tends to go through ups & downs constantly! These Economic Ups & Downs are what we can also consider as the Bust & Boom Economic Cycle.
Here's what Bust & Boom really means....
Bust 📉 is when an Economy shrinks & Share Prices tends to fall, basically Share Market is Bearish & Investors loose money...., less job opportunities & more unemployment...., overall the Economy is Down!
While; Boom is the Complete opposite of Bust!
Boom 📈 is when an Economy grows & Share Prices tends to rise, basically Share Market is Bullish/On a Bull Run & Investors earns profits from the rising Stock prices & tends to Invest more...., there are more job opportunities & less unemployment...., overall everything is functioning smoothly & Economy is in a good condition!
& that's it for today!
I hope you understood What Bust & Boom really means....
Hope this Short Article was helpful!
Thanks For Reading!
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