a period of sudden economic growth, especially one that results in a lot of money being made
The insurance business suffered from a vicious cycle of boom and bust.
The sudden economic boom in the region led to a surge in job opportunities and increased prosperity for the local residents.
The construction industry experienced a significant boom as demand for new housing developments continued to grow.
The technology sector witnessed a boom with the release of innovative products and a rapid increase in market capitalization for tech companies.
