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We discussed the 4 stages of the Business Cycle (pages 38-40) - Prosperity, Recession, Depression, and Recovery - in Chapter 2.2. Pick ONE of
the stages and discuss how it impacts an economy and small business in local communities. How does this stage impact the economy - positively or
negatively? Is unemployment high or low? etc... The answer to this prompt should be 5 sentences or more.
B
1
U
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POSSIBLE POINTS: 25
We discussed the 4 stages of the Business Cycle (pages 38-40) - Prosperity, Rec...
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