The link below takes you to a website that gives you a definition of the Business Cycle; describing it in every way and the article is quite short. Talks a bit about recession and peak moments as well. Give it a read:
http://economics.about.com/cs/studentresources/f/business_cycle.htm
http://economics.about.com/cs/studentresources/f/business_cycle.htm
Good stuff - the business cycle is important to consider!
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