0 a situation in which an economy or business regularly goes through periods of increased activity and success followed by periods of failure:
The history of oil is one of boom and bust.
In the gold industry, boom and bust cycles last an average of 10 years.
The country seems, for now at least, to have left behind boom-and-bust economics.
NEW WORDS
European
May 10, 2021
WORD OF THE DAY
Shimmer
boom and bust
