Encyclopedia of Early Modern History Online

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Economic cycle (fluctuation)
(1,479 words)

1. Concept

The term economic cycle here relates to deviations from the long-term track of the growth (Economic growth) of a national economy. Fluctuations in economic activity, measured by the gross economic product of goods, may be seasonal in nature or extend for a period of years. Long-term variations are the so-called Kuznets-cycles, lasting approximately 25 years, observed in particular in connection with migration (Occupational migration; Emigration; Mobility) and development investments in the USA…

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Pfister, Ulrich, “Economic cycle (fluctuation)”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 28 February 2024 <http://dx.doi.org/10.1163/2352-0272_emho_COM_031059>
First published online: 2015
First print edition: 20170626

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