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The country's oil sector experienced repeated boom and bust cycles, with soaring prices and production followed by sudden collapses and bankruptcies.
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The country's oil sector experienced repeated boom and bust cycles, with soaring prices and production followed by sudden collapses and bankruptcies.
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Related words
boom and bust
Noun
Japanese Meaning
好景気とその後の急激な不況を経る景気循環（好景気期と不況期の交代） / 経済、金融、ビジネスの領域で見られる、繁栄期とその直後の破綻期のサイクル / 市場または経済全体における価格高騰の後の、急激な価格下落、生産低下、破産などを伴う現象
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