英语翻译1.One phase of the business cycle is the expansion phase

英语翻译
1.One phase of the business cycle is the expansion phase.This phase is a two-fold one,including recovery and prosperity.During the recovery period there is ever-growing expansion of existing facilities,and new facilities for production are created.More businesses are created and older ones expanded.Improvements of various kinds are made.There is an ever-increasing optimism about the future of economic growth.Much capital is invested in machinery or “heavy” industry.More labor is employed.More raw materials are required.As one part of the economy develops,other parts are affected.For example,a great expansion in automobiles results in an expansion of the steel,glass,and rubber industries.Roads are required; thus the cement and machinery industries are stimulated.Demand for labor and materials results in greater prosperity for workers and suppliers of raw materials,including farmers.This increases purchasing power and the volume of goods bought and sold.Thus prosperity is diffused among the various segments of the population.This prosperity period may continue to rise and rise without an apparent end.However,a time comes when this phase reaches a peak and stops spiraling upwards.This is the end of the expansion phase.

经济周期的一个阶段是扩展阶段.这个阶段是一两重一个,包括补救和繁荣.在补救期间有现有的设施永远生长的扩展,并且新的设施为生产被创造.更多企业被创造,并且更旧那些被扩展.各种各样的种类的改进做.有持续增长的乐观关于未来经济增长.资本在机械或“重的”产业被投资.更多劳方被使用.需要原材料.当经济的一份开发,其他零件受影响.例如,巨大扩展在汽车导致钢,玻璃和橡胶产业的扩展.需要路; 因而水泥和机械产业被刺激.为劳方和材料结果要求在更加伟大的繁荣为原材料的工作者和供应商,包括农夫.这增加购买力和被买卖的物品的容量.因而繁荣在人口的各种各样的段之中散开.这个繁荣期间也许继续上升和上升,不用一个明显的末端.然而,时刻来,当这个阶段到达峰顶并且停止成螺旋形上升向上.这是扩展阶段的结尾.
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