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Make your own Business Cycle! 1. Get a piece of paper 2. Draw a business cycle on your paper (large enough so there is

 

Make your own Business Cycle! 1. Get a piece of paper 2. Draw a business cycle on your paper (large enough so there is part of the cycle in each box) 3. In each box i. Name and define that part of the cycle ii. Choose an example for each part of the cycle (hint: choose a company/ business/something seasonal) iii. An image to represent each part of the cycle iv. Label and shade the gaps where inflation and unemployment occur 4. Define Stagflation, Recession and Depression (outside border I

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