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Trade-cycle

In a competitive market
National economy rolls like a wheel
In economics it is called trade-cycle

From economic recovery to boom
To slump to recovery to boom
Is a common phenomenon
In a competitive market

The boom does not last long
Because
The demand for products and services
Is limited in all countries

That’s why
The governments have a vital role to play
Especially during boom

The governments should monitor
And control industrial development
As much as possible
With a view to reduce labor cut
During slump
And they should hinder
Harmful investment
For the economy
During boom

Moreover
They should provide guidelines
For the entrepreneurs
During recovery
So that suitable investments
For the economy take place

In this way
A country can achieve its goal
Without going through
Economic hard times

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