What does boom and bust cycle mean?

boom and bust cycle meaning in Law Dictionary

company task increases due to several activities in the economy. Afterwards, activities occur that decrease activity for business which is a rinse and perform process.

boom and bust cycle meaning in Business Dictionary

An up and down period throughout the market wherein several activities happen that increase company task . Briefly after ward, much more occasions occur in the economy that decrease company task. Typically, this sort of period will repeat it self.