http://www.kenniffonline.com/search-profits-systems/
Can someone help me put this in basic terms? To make it easier to understand?
I understand what it means I'm just struggling to put it in simpler terms. anyway …. Business cycles are not mere fluctuations in economic activity added. The fundamental characteristic that distinguishes them from trade shocks from previous centuries or the season and other short-term variations of our time is that fluctuations are widespread on the economy – industry, trade relations, and its tangled finances. The economy of the western world is a system of parts closely interrelated. Who wants to understand business cycles must master the workings of an economic system organized largely on a network of free enterprise in pursuit of profit. The problem of how economic cycles occurred is inseparable from the problem of how a capitalist economy.
Business cycles are not ever-changing economy as a whole. what makes them different from past centuries or other seasons or changes in current times is that changes are beyond. western economy are interrelated. who needs to understand these cycles need to dominate the economic system. you have to understand how it works a capitalist economy to understand business cycles. i that's what your looking for, but not 100 percent into it
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