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Business story board

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Business story board

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  • Dia: 1
  • During the expansion phase, production, income, and spending all rise
  • Hiring
  • Sales are through the roof! I'm hiring two new employees.(GDP RISING)
  • I finally found a full-time job! Things are looking great. (UNEMPLOYMENT FALLING
  • The economy is growing. Businesses are expanding, more people are working, and customer spending increases.
  • During the expansion phase, production, income, and spending all rise
  • Dia: 2
  • I'm making more money than ever but groceries are expensive (HIGH INFLATION)
  • I can't keep up with all these customers, but my supply cost keeps going up! (LOW UNEMPLOYMENT)
  • Hinghest prices in 20 years!!!
  • At the peak, economic growth hits its limit before slowing down
  • The economy is at its highest point. Businesses are making record breaking profits, but resources are stretched and prices rise quickly
  • Dia: 3
  • The economy slows down. Businesses cut workers and people spend less. At the trough, the economy hits its lowest point before
  • Sales dropped so much I had to close one store. (GDP FALLING, LOW SPENDING)
  • I lost my job, but I'm hopeful things will get better soon. (HIGH UNEMPLOYMENT)
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