TUGAS 1

BAHASA INGGRIS NIAGA

MADE WISNU JULIARTA PUTRA

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A. Understanding Business Cycle really helps business people to operate his business
successfully.

Do you agree or disagree to the statement ?

Answer :

I agree with this agreement.

The business cycle is also called an economic or trade cycle. Simply put, the business cycle can
be defined as a series of recurring, constant, and regular economic conditions in particular
period. Repeated as they are, the length of the business cycle is unpredictable or
predetermined. Variables used as benchmark of the business cycle are gross domestic
product growth rates ( GDP) real.

Economic fluctuations in each country occur between this period of expansion and
contraction. This change in economic conditions is caused by the level of employment,
productivity and demamd for a country’s supply of goods and services. In the short term,
these changes have less impact on economic growth, causing the country’s economy to enter
an extented period and reaession. But in the ong run, a fluactuating economy can trigger
economic growth, since a country’s authorithy can have the opportunity to increase it’s
outbeing potential from time to time.

Business cycle can also be understood as types of fluctuations in aggregate economic

activities from various countries, which consist of exspansion, resisi, contraction and
economic awakening. The duration of then to twelve years. Even if it fluctuates, the period of
occourence cannot be detmined. That is, while the business cycle is recurring series of
economic conditions, the recurrence is uncertain at the same time.

Stages in businesss cycle :

- Proesperty
- Degradion
- Economic rifts