Discontent Synonyms – WordHippo Thesaurus….What is another word for discontent?

Social discontent is a complicated and controversial phenomenon. In the context of everyday use, the term refers to the feeling that people have that the deterioration of society is out of control and therefore cannot be stopped.

: lack of satisfaction with one’s possessions, status, or situation : lack of contentment: a : a sense of grievance : dissatisfaction the winter of our discontent— William Shakespeare. b : restless aspiration (see aspiration sense 1a) for improvement.

Social unrest is characterized by the general dissatisfaction of a group and the unconventional and sometimes violent ways people tend to show it. One example is rioting or when a large group of people behaves in a violent and uncontrolled way.

Social unrest has been attributed to a variety of social, political, economic, and environmental causes including racial and ethnic tensions [11], food scarcity and food price increases [6]–[10], variations in international commodity prices [12], [13], economic shocks [14], climate change and rainfall shocks [15], [16] …

Four main determinants are identified: past and expected growth of income, income inequality, economic insecurity and misgovernance. The paper then considers possible policies to reduce social instability, examining each of the determinants in turn.

Social stability is the degree to which a society and its institutions remain predictable and reliable. This is important because it allows participants in society such as individuals and groups to plan and conduct their affairs without disruption. In practice, societies have other goals such as freedom and growth.

Causes of economic instability are as follow: 1- Inflation and hyperinflation. 2- Asset bubbles. 3- High interest rates. Consequences of economic instability are as follow: 1- High unemployment rates.

There are two main causes of inflation: Demand-pull and Cost-push. Both are responsible for a general rise in prices in an economy. Cost-push occurs when supply cost force prices higher. If the inflation in an economy is of the cost-push type, then the inflationary situation usually leads to a fall in production.

The business cycle goes through four major phases: expansion, peak, contraction, and trough.

There are basically two important phases in a business cycle that are prosperity and depression. The other phases that are expansion, peak, trough and recovery are intermediary phases.

The four stages of the economic cycle are also referred to as the business cycle. These four stages are expansion, peak, contraction, and trough. During the expansion phase, the economy experiences relatively rapid growth, interest rates tend to be low, production increases, and inflationary pressures build.

Business Cycle Phases Business cycles are identified as having four distinct phases: expansion, peak, contraction, and trough. An expansion is characterized by increasing employment, economic growth, and upward pressure on prices.

The business cycle since the year 2000 is a classic example. The expansion of activity happened between 2000 and 2007 was followed by the great recession from 2007 to 2009. It started with the easy access to bank loans and mortgages. Since new homebuyers could easily afford loans, they purchased them.

The business cycle is caused by the forces of supply and demand—the movement of the gross domestic product GDP—the availability of capital, and expectations about the future. This cycle is generally separated into four distinct segments, expansion, peak, contraction, and trough.

The business cycle is a pattern of economic booms and busts exhibited by the modern economy. Business cycles are important because they can affect profitability, which ultimately determines whether a business succeeds.

Impact of business cycle on economy A volatile business cycle is considered bad for the economy. A period of economic boom (rapid growth in GDP) invariably leads to inflation with various economic costs. This inflationary growth tends to be unsustainable and leads to a bust (recession).

The price of the product changes throughout the life cycle. Variables affecting the business cycle include marketing, finances, competition and time.

The business cycle is crucial for businesses of all kinds because it directly affects demand for their products. Boom: high levels of consumer spending, business confidence, profits and investment. Prices and costs also tend to rise faster. Unemployment tends to be low as growth in the economy creates new jobs.

Variations in the nation’s monetary policies, independent of changes induced by political pressures, are an important influence in business cycles as well. Use of fiscal policy—increased government spending and/or tax cuts—is the most common way of boosting aggregate demand, causing an economic expansion.

During a boom, key economic indicators will rise. Gross domestic product, which measures a nation’s economic output, increases. So does productivity since the same number of workers creates more goods and services. Business sales increase, driving up profits.

With growth in productivity, an economy is able to produce—and consume—increasingly more goods and services for the same amount of work. Productivity is important to individuals (workers and consumers), business leaders, and analysts (such as policymakers and government statisticians).