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Which part of the business cycle did the Great Depression represent?
Economic Contraction
What are the two main phases of a business cycle?
contraction and expansion.
How does depression impact the business cycle?
Depression can negatively impact the business cycle by reducing consumer spending, leading to decreased demand for goods and services. This can result in lower production levels, job losses, and overall economic downturn.
What part of the business cycle contributes to a depression?
Consumers begin buying more and companies increase production
What are the ups and downs of an economy called?
Business Cycle.
Which part of the business cycle did the Great Depression represent?
Economic Contraction
Why did the great crash represent hallmark in the us business cycle?
The Great Crash signaled a severe contraction of the economy.
What are the components of business cycle?
The components of the business cycle is Prosperity, Recession, and depression.
In what phase of the business cycle would there be more personal bankruptcies?
depression
The business cycle goes from boom to recession to and back to boom.?
Depression.
Why did the Great Crash represent a hallmark in the U.S. business cycle?
The Great Crash signaled a severe contraction of the economy.
What is it called when business activity slows prices and wages drop and unemployment rises?
the business cycle
What are the two main phases of a business cycle?
contraction and expansion.
How does depression impact the business cycle?
Depression can negatively impact the business cycle by reducing consumer spending, leading to decreased demand for goods and services. This can result in lower production levels, job losses, and overall economic downturn.
The business cycle goes from boom to recession to?
A recurring cycle of booms and busts, recoveries and recessions ere...
In the business cycle the period from 1929 to 1939 represents a period of?
Depression (Nova Net)
Put the phases of the business cycle in the correct order in which they follow a recession?
Depression Recovery Boom Recession
