What Generally Causes the Business Cycle? What Are the Four

question 19

Essay

What generally causes the business cycle? What are the four phases of a single business cycle? What are the problems associated with the business cycle?

---

Definitions:

Time Horizons

Time horizons refer to the length of time over which an investment or financial instrument is expected to be held or a financial goal to be achieved.

Defined Contribution Pension Plan

A retirement plan where employee benefits are based on the amount of money contributed and the performance of the investment options chosen.

Bears All The Risk

A term referring to the situation where an individual or entity assumes the entire risk associated with an investment or decision.