Examlex
The first step in setting up a fishbone diagram is to determine the independent and dependent variables.
Business Cycle
The fluctuations in economic activity that an economy experiences over a period, ranging from expansions (growth) to recessions (contractions).
Industrial Equipment
This category involves machinery and tools used in manufacturing processes, ranging from small tools to large machinery for heavy industries, playing a crucial role in industrial operations.
Recession
A period of temporary economic decline during which trade and industrial activity are reduced, typically identified by a fall in GDP in two successive quarters.
Automobile Industry
A sector of the economy focused on the manufacture and sales of vehicles, including cars, trucks, and motorcycles.
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