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Conjuncture

In general a '''conjuncture''' is a period marked by some watershed event which separates different epochs. In economics, '''conjuncture''' ('''fluctuation''') is a critical combination of events.
- boom and bust|'''Boom''' is a time of high business activity, prosperity, peak of business cycle, "bull" market, and/or strong expansion.
- depression (economics)|'''Depression''' is a time of acutely low business activity, "bear" market, slumping prices and demand, recession, boom and bust|bust. Category:Business cycle

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