https://padlet.com/purvisma/yjdz1s8hachu Made with the best of intentions en-us 2017-09-26 16:39:24 UTC 2025-11-03 17:36:42 UTC hello@padlet.com purvisma https://padlet.com/purvisma/yjdz1s8hachu/wish/191350878 2017-09-26 16:42:03 UTC https://padlet.com/purvisma/yjdz1s8hachu/wish/191350878 purvisma https://padlet.com/purvisma/yjdz1s8hachu/wish/191354914 Prosperity is when humans are working for business to make good products and good services. So then more and more people would want to buy their products because by having good services you make your company and your product more appealing so then multiple people would wanna  buy it.  The overall goal for prosperity is for the rate of GDP growth to increase all around the world for each economy.

]]> 2017-09-26 16:48:52 UTC https://padlet.com/purvisma/yjdz1s8hachu/wish/191354914 purvisma https://padlet.com/purvisma/yjdz1s8hachu/wish/191355205 Recession is when everything about business and people working slows down. So then business production goes from fast to slow and then the unemployment rate goes up. It's like a ripple effect because it starts with a lower demand than before on products and other items then people start to lose their job because of it. But the economy doesn't stay like this forever eventually everything would be back to normal with high demands on products and people will have their jobs back.

]]> 2017-09-26 16:49:29 UTC https://padlet.com/purvisma/yjdz1s8hachu/wish/191355205 purvisma https://padlet.com/purvisma/yjdz1s8hachu/wish/191355809 Depression starts when numerous amounts of people get laid of from their jobs. They get depressed because they don't know what they are gonna do to support themselves and their family. People start to struggle just to go thru a day or a whole week since they been laid off and by then it's hard for them to find another job. Everything just goes downhill after high unemployment, weak consumer sales, and business failures.

]]> 2017-09-26 16:50:36 UTC https://padlet.com/purvisma/yjdz1s8hachu/wish/191355809 purvisma https://padlet.com/purvisma/yjdz1s8hachu/wish/191356219 Recovery starts to begin right when depression in business ends. The recovery in business is when unemployment decreases, and the demands for products start to rise again. Which means  a lot more money would start to come back for business. And the rise of GDP begins again.

]]> 2017-09-26 16:51:20 UTC https://padlet.com/purvisma/yjdz1s8hachu/wish/191356219 purvisma https://padlet.com/purvisma/yjdz1s8hachu/wish/191356709 Inflation begins right after recovery. Inflation is when prices goes up on products and buying power starts to decrease rapidly.

]]> 2017-09-26 16:52:07 UTC https://padlet.com/purvisma/yjdz1s8hachu/wish/191356709 purvisma https://padlet.com/purvisma/yjdz1s8hachu/wish/191357364 Deflation begins right after inflation. Deflation is when prices start to decrease, so that would mean the cost of products would be cheaper.

]]> 2017-09-26 16:53:09 UTC https://padlet.com/purvisma/yjdz1s8hachu/wish/191357364 purvisma https://padlet.com/purvisma/yjdz1s8hachu/wish/191360230 *Prosperity page 38 in book
*Depression page 39 in book
*Recession page 39 in book
*Recovery page 40 in book
*Inflation page 40 in book
*Deflation page 41 in book]]> 2017-09-26 16:57:37 UTC https://padlet.com/purvisma/yjdz1s8hachu/wish/191360230