Business Cycle Phases

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There are different theories on how to keep an economy stable and growing. Understanding the business cycle is a big part of the solution.
Back in the days, production cycles in agricultural societies were very unpredictable. Whether a harvest was going to be successful or not depended on weather conditions. Moreover, plant and animal diseases had a considerable negative impact on the harvest.
Nowadays, things have changed - societies have become industrial in nature and economic activity tends to be more diversified. Still, we experience short-term and long-term economic movements for various reasons. Population growth, for example, is a crucial factor shaping up an economy’s growth potential.
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[@365FinancialAnalystTutorials]

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[@MegaAmar98]

Amazing explanation! Keep it up

[@PLAGUEMAN]

Андрей, привет

[@ntcuong01ct1]

Dear Friends,
I have many questions about product life cycle:
1/ New product introduction stage: The market is not yet available, the basic purchasing power is not high, running continuous campaigns + promotions, gross profit margin is only 1-3% and it can be less than 0.
2/ The Growth stage: The market has accepted the product and continues to grow in terms of market share, at this time, revenue and gross profit has grown steadily, basic purchasing power has increased, but it costs a lot to run campaigns and maintain. Basic promotions.
3/ Booming period: Revenue and gross profit grew significantly (> 20%).
4/ Should we track the product life cycle year by year?.
Do you have any suggestions?. Thank you.

[@wavygravy6969]

ratio

[@ntcuong01ct1]

@@wavygravy6969 , what's ratio?

[@ntcuong01ct1]

@@wavygravy6969 , gross profit margin ratio?

[@kangaroogaming7008]

@@ntcuong01ct1 its deez