The Great Moderation is considered to be the period of time which have started in the 1980s and is continuing even today. During this period, more or less there occur fluctuations in terms of GDP and also in case of the business cycle which was not viewed to be so smooth like before. On the other hand, when the market was being found to be not performing correctly then also it can be expected that there will be no such depression or recession being faced by the economy ("The Great Moderation", 2019). However this doesn’t indicate that the market is free from faults despite of facing some of the mild form of recessions.