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Carledward Russell

on 6 February 2014

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Transcript of Peak

The Business Cycle
Peak/ Prosperity
Recession/ Contraction
Depression/ Trough
Recovery/ Expansion
Renewed Economic Growth
Increase in Output of Goods and Services
Moderate Business Expansion
Increased Consumer Spending
Reduced Unemployment
Highest Period of Economic Growth
Low Unemployment
Highest Point of the Business Cycle
High Consumer Spending
High Output of Goods and Services
Economic Slowdown
Production Slows Down
Decrease in Consumer Spending
Rise in Unemployment
Prolonged Recession
High Unemployment
Drastic Decrease in Production
Extremely Low Consumer Spending
Full transcript