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An '''economic bubble''' is an economic cycle characterized by rapid expansion followed by rapid contraction (the bursting of the bubble).<ref>[http://csinvestor.com/investing-guide/economic-bubbles/ Economic Bubbles: Understanding the role of bubbles in an economy]</ref>  During the expansion period of a bubble, people often buy assets in the belief that they will necessarily be able to sell them [[Greater Fool Theory|at a profit]].  Examples include [[tulip mania]], the [[dot-com bubble]], and the [[housing bubble]].

An '''economic bubble''' is an [[economic]] cycle characterized by rapid expansion followed by rapid contraction (the bursting of the bubble).<ref>[http://csinvestor.com/investing-guide/economic-bubbles/ Economic Bubbles: Understanding the role of bubbles in an economy]</ref>  During the expansion period of a bubble, people often buy [[assets]] in the belief that they will necessarily be able to sell them [[Greater Fool Theory|at a profit]].  Examples include [[tulip mania]], the [[dot-com bubble]], and the [[housing bubble]].

 

==References==

==References==

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[[Category:Economics terms]]

[[Category:Economics terms]]