For some this is the. Expansion refers to the increase in economic factors such as income supply and demand. What Is Business Cycle Definition Phases And Causes The Investors Book The line of cycle that moves above the steady growth line represents the expansion phase of a business. . Launch growth shake-out maturity and decline. What Is A Business Life Cycle. 6 Business Cycle Theory. A peak in the business cycle is the second phase. 61 Hawtrey Monetary Theory. 5 Types of Business Cycle. Stages Of Business Life Cycle vs. This is the very beginning of the business lifecycle before your startup is even officially in existence. Every capitalist economy repeatedly goes through the different phases of the business cycle ie expansion peak contraction and trough. Manage the five stages of a business life cycle with technology Storing entity information and documents in a highly secure format to c...