Definition of boom–and–bust
: 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–bustadjective … diversifying a local economy to make it less subject to boom-and-bust whiplash. — Douglas H. Chadwick, Audubon, November/December 1995
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Origin and Etymology of boom–and–bust
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