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| The New Dictionary of Cultural Literacy, Third Edition. 2002. |
| business cycle |
| A period during which business activity reaches a low point, recovers, expands, reaches a high point, decreases to a new low point, and so on. | 1 |
| The New Dictionary of Cultural Literacy, Third Edition. Edited by E.D. Hirsch, Jr., Joseph F. Kett, and James Trefil. Copyright © 2002 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. |
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