Definition of Economic boom:
A period of significant output within a population. The period is marked by productivity increases, sales increases, wage increases and rising demand. An economic boom may be accompanied by a period of inflation.
How to use Economic boom in a sentence?
- You may find that an economic boom will do great things for your company and will need to adjust to the times.
- There was a huge economic boom and everything started to fly off the shelves at an alarming rate, which was great for business.
- Thanks to the well timed arrival of World War II, the United States found itself the recipient of an economic boom , the likes of which it had never experienced before.
Meaning of Economic boom & Economic boom Definition