boom-and-bust

noun

: an alternation of prosperity and depression
specifically : alternate periods of high and low levels of economic activity in the business cycle
we're in for the biggest boom-and-bust … that we've ever seen Hal Borland
boom-and-bust adjective
… diversifying a local economy to make it less subject to boom-and-bust whiplash. Douglas H. Chadwick, Audubon, November/December 1995

Word History

Etymology

boom entry 4

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Cite this Entry

“Boom-and-bust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/boom-and-bust. Accessed 29 Feb. 2024.

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