The business Cycle by briana phillips https://padlet.com/phillipsbr3/hbaj89yle0h6 Made with the best of intentions en-us 2018-04-24 13:07:20 UTC 2018-04-27 00:09:00 UTC hello@padlet.com The business cycle phillipsbr3 https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255216095 This is when the economy is growing, economic expansion. GDP,  Gross domestic product this measures economic output, is increasing.  Series of cycles , prosperity, Recession,  Depression ,  and Recovery ]]> 2018-04-25 13:25:14 UTC https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255216095 phillipsbr3 https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255222989 2018-04-25 13:36:33 UTC https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255222989 Prosperity phillipsbr3 https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255854270 -  Business produce goods and services 
-  Good  wages 
- GDP Increase 
- Doesn't last for ever ]]> 2018-04-26 23:13:51 UTC https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255854270 Recession phillipsbr3 https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255855336 -  Higher unemployment 
- Demand starts to decrease 
- Lower production 
- GDP growth slows down ]]> 2018-04-26 23:24:38 UTC https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255855336 Recovery phillipsbr3 https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255855746 -  Economy regains 
-  Unemployment decreases 
- GDP 
- Demand for goods and services increase 
-  recession is over 
- Unemployment rates are lower 

]]> 2018-04-26 23:29:21 UTC https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255855746 Inflation phillipsbr3 https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255856754 - Increase of prices , making people purchase less]]> 2018-04-26 23:39:54 UTC https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255856754 Deflation phillipsbr3 https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255857800 - Cut back on prices in the economy ]]> 2018-04-26 23:47:39 UTC https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255857800 Great Depression phillipsbr3 https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255858598 -  Really high unemployment, businesses were failing. People were  afraid of spending their money because they thought they would lose their jobs. GDP falls really fast Companies are not producing because no one was buying.


]]> 2018-04-26 23:54:40 UTC https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255858598 Sources phillipsbr3 https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255859679 https://quizlet.com/110911533/business-cycle-and-great-depression-flash-cards/


]]> 2018-04-27 00:04:38 UTC https://padlet.com/phillipsbr3/hbaj89yle0h6/wish/255859679