单词 | Kondratieff cycle |
释义 | Kondratieff cycle Kondratieff cycle (also Kondratieff wave) (also Kondratiev) /; AmE / noun [C]
(Economics ) a pattern in a country's economy that lasts 50-60 years in which a long period of economic success (growth) is followed by a long period of difficulty (recession) ⇨ BUSINESS CYCLE |
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