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Updated: 2/20/2019
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Storyboard Text

  • Depression doesn't define us. We can always get better. Recovery is the phase in a business cycle in which unemployment begins to decrease demands for goods and services increase and GDP begins to rise again.
  • The Business Cycle is the movement of the economy from one condition to another and back again. It has four phrases including prosperity, recession, depression, and recovery.
  • Because of Recession and Depression, many are unemployed. Unemployment rate is the portion of people in the labor force who are not working.
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