BUKU JAWABAN TUGAS MATA KULIAH

TUGAS 1

Nama Mahasiswa : Frans Septianda

………………………………………………………………………………………..

Nomor Induk Mahasiswa/ NIM : 041070926

………………………………………………………………………………………..

Kode/Nama Mata Kuliah : ADBI4201/Bahasa Inggris Niaga

………………………………………………………………………………………..

Kode/Nama UPBJJ : Padang

………………………………………………………………………………………..

Masa Ujian : 2020/21.1(2020.2)

KEMENTERIAN PENDIDIKAN DAN KEBUDAYAAN

UNIVERSITAS TERBUKA
 Understanding Business Cycle Really Helps Business People To Operate His
Business Successfully

According to Wesley.C.Mitchell and Arthur.F.Burns in Ricardo (2007) The definition of a

BusinessCycle or tradecycle is :
“The type of fluctuation in the BusinessCycles area is found in the aggregate economic activity
of the countries that regulate their work, especially in places of business; the cycle consists of
expansions occurring at almost the same time in economic activity, followed by a general
recession, contraction, and similar revivals that combine to form the expansion phase of the next
cycle; this sequence of changes is repeated but not periodically; the duration of the BusinessCycle
varies from one year to ten or twelve years; they cannot be divided into shorter cycles of similar
character with amplitudes approaching themselves. "

There are four stages in the economic cycle :

1. Depression
2. Recovery
3. Prosperity
4. Recession

So, I agree with this business cycle because it can help predict economic crises and can
produce relatively precise indicators for making turning point predictions that include detection of
economic regime change. These stages will come and go all the time in a country's economy
(Ricardo,2007).