Answer :
The conditions that causes boom and bust cycles experienced by Washington's economy are:
- The need to make a more diversified economy.
- Agriculture for economic growth.
- The foundation of emerging technology sectors.
What is the boom and bust cycle?
The conditions that causes boom and bust cycles are:
- The law of supply and demand.
- The presence or availability of financial capital.
- Future expectations.
Note that the economic history of Washington is seen against a foundation of pristine beauty, strong determination and innovation.
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