Economic cycles

Passes economic activity in a number of different stages, and these stages will continue for a long-term periods and frequent on a regular basis, and these stages are called the term "economic cycle".

The economic cycle consists of 5 stages are:

1 - Summit (Peak):

Are higher levels of economic growth, economic indicators results come very positive, and when this stage oversees finished, begin the shift from economic growth onto a landing.

2 - the economic downturn (Recession):

The humor comes after Summit stage, and the economy is in a recession and decline, and most of the results show a negative economic indicators.

3 - Bottom (Trough):

This phase comes after the stage of the economic downturn, and the economic growth has reached its lowest level, and when this stage oversees finished, begin the shift from economic growth to decline to climb.

4 - recovery (Recovery):

This phase comes after the arrival of the worst economic performance of his condition, and then start economic growth in the transition from landing to climb back gradually, and improve the results of economic indicators.

5 - Growth (Expansion):

The last stages of economic growth and comes after the recovery phase, and begins to improve economic growth gradually until it reaches the level and results show a positive economic indicators again.