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1.https://www.investopedia.com/terms/b/businesscycle.asp
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The Great Depression took place at the end of the 1920s and the beginning of the 1930s. It was an economic disaster where the stock marker crashed and businesses collapsed. During the depression many people were poor and were unemployed. The Great Depression effected  the future of economic security when the New Deal was made that included reform programs to prevent another depression.

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There is less money to go around. The prices are lowered and there is a decrease in the level of prices.

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Measures the changes in the cost of living over time. It is the average month-to-month change in the prices consumers pay for goods and services.

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Increase in prices and buying power decreases. Caused by demand for goods and services rises faster than the supply, prices rise but products/services stay the same.

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The end of recession. Unemployment decreases, demand for goods and services increases, and GDP rises.

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A severe recession. There are high unemployment, weak consumer sales, business failures, and GDP falls rapidly.

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The slowing down of the economy. Demand begins to decrease, businesses lower their production, unemployment rises, and GDP growth slows (2 quarters or more).

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Prosperity is the peak of the the business cycle where there are good wages, businesses produce goods and services in good numbers, and the GDP rate of growth increases.