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The conditions that account for the boom-and-bust cycles experienced include the availability of financial capital, law of supply and demand, and future expectations.
What is demand?
It should be noted that demand simply means the amount of goods and services that are bought at a price and particular period of time.
In this case, the conditions that account for the boom-and-bust cycles experienced include the availability of financial capital, law of supply and demand, and future expectations.
Learn more about demand on:
brainly.com/question/1245771
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