Examlex
According to Jeremy Bentham and John Stuart Mill, pleasure is the one thing that is intrinsically good or worthwhile.
Stock Beta
A measure of a stock's volatility in relation to the overall market; it indicates how much the stock's price is likely to move compared to market fluctuations.
Business Cycle
The natural rise and fall of economic growth that occurs over time, consisting of periods of expansion, peak, contraction, and trough.
Cyclical Industry
An industry whose performance is heavily dependent on the overall economic cycle, experiencing higher demand during economic upturns and lower demand during downturns.
Automobile Industry
A global sector that encompasses the design, manufacturing, marketing, and selling of motor vehicles, one of the world's most important economic sectors.
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