Activity: Business and the Trade Cycle

7th September 2015
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Business and the Trade Cycle

The economy tends to experience different trends. These can be categorised as the trade cycle and may feature boom, slump, recession and recovery

BOOM: ………………………………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………………………….…..

SLUMP: ………………………………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………………………….…..

RECESSION: ………………………………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………………………….…..

RECOVERY: ………………………………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………………………….…..

growth graph

What Happens in a Boom?

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What Happens in a Recession?

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