The Business Cycle

The Business Cycle
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  • I will be showing you the four steps of the business cycle! Jade Michael
  • The Business Cycle
  • This is the stage of prosperity. During this stage the business cycle is at its peak!
  • Grand Reopening!!
  • This stage is known as the recession. During the recession sales slow and productivity decreases.
  • This is the depression, during this stage the unemployment rate increases and GDP declines. 
  • $$
  • This stage is the recovery during this the unemployment rate goes down and the demand increases. 
  • And now you know the business cycle!
  • The Business Cycle
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