The Business Cycle by arrianna mendez https://padlet.com/mendezar/q2622z1xzn7n Organisation Chart en-us 2018-04-26 14:10:12 UTC 2018-04-27 11:36:46 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Manbag.png GDP mendezar https://padlet.com/mendezar/q2622z1xzn7n/wish/255655631 The total value of all goods and products made by a country after a year 
  • Used to measure the growth of the economony
  • Increasing in GDP is good for your body.
]]> 2018-04-26 14:10:12 UTC https://padlet.com/mendezar/q2622z1xzn7n/wish/255655631 1. Prosperity (Peak) mendezar https://padlet.com/mendezar/q2622z1xzn7n/wish/255655633
Wages are good
GDP rate of growth increases
Does not last forever

]]> 2018-04-26 14:10:12 UTC https://padlet.com/mendezar/q2622z1xzn7n/wish/255655633 Business Cycle mendezar https://padlet.com/mendezar/q2622z1xzn7n/wish/255655636 Economic changes, or the movement from one condition to another and back again.]]> 2018-04-26 14:10:12 UTC https://padlet.com/mendezar/q2622z1xzn7n/wish/255655636 3. Depression mendezar https://padlet.com/mendezar/q2622z1xzn7n/wish/255655639 The phase of the business cycle that is marked by high unemployment.

]]> 2018-04-26 14:10:12 UTC https://padlet.com/mendezar/q2622z1xzn7n/wish/255655639 2. Recession mendezar https://padlet.com/mendezar/q2622z1xzn7n/wish/255655641 A significant decrease in sales which may result in a lack of product wages and employees]]> 2018-04-26 14:10:12 UTC https://padlet.com/mendezar/q2622z1xzn7n/wish/255655641 Causes of the Great Depression martinezrichardsda https://padlet.com/mendezar/q2622z1xzn7n/wish/255672103
  • Stock Market Crash
  • Drought conditions
  • Bank Failures
    • ]]>     2018-04-26 14:39:46 UTC https://padlet.com/mendezar/q2622z1xzn7n/wish/255672103     The Great Depression martinezrichardsda https://padlet.com/mendezar/q2622z1xzn7n/wish/255866347 Americans had lost their life savings in then stock market crash and the collapsing of the banks.]]> 2018-04-27 00:56:47 UTC https://padlet.com/mendezar/q2622z1xzn7n/wish/255866347 4. Recovery (the end of recession) martinezrichardsda https://padlet.com/mendezar/q2622z1xzn7n/wish/255871845
  • Unemployment decreases 
  • Demand for goods and services increases
  • GDP rises 
    • ]]>     2018-04-27 01:35:30 UTC https://padlet.com/mendezar/q2622z1xzn7n/wish/255871845     Unemployment martinezrichardsda https://padlet.com/mendezar/q2622z1xzn7n/wish/255891124 The Current unemployment rate in Connecticut  is 4.1% vs 6.1% in 2014.]]> 2018-04-27 03:57:05 UTC https://padlet.com/mendezar/q2622z1xzn7n/wish/255891124