Economic Cycle Diagram

The diagram clearly illustrates the four distinct phases of the economic cycle, often referred to as the business cycle. Presented as a pie chart, it shows the progression from Boom, through Recession and Trough, and into Recovery. Arrows in the center visually emphasize the continuous, cyclical nature of these economic movements, demonstrating how economies naturally flow through periods of expansion, contraction, lows, and growth.

economic cycle - business cycle - economy - recession - boom - recovery - trough - macroeconomics