1.5.4 The economy and business
What students need to learn:
The impact of the economic climate on businesses:
The impact of the economic climate on businesses:
- unemployment, changing levels of consumer income, inflation, changes in interest rates, government taxation, changes in exchange rates.
introduction_to_the_economy.pptx | |
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business_cycle_worksheet.docx | |
File Size: | 157 kb |
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impact_of_the_business_cycle_new.docx | |
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A recession is a downturn in the economy. Its precise definition is two successive quarters of negative economic growth. During a recession many businesses will begin to struggle and see their sales fall.
Explain the business cycle and recession.
1. Can you think of examples of three businesses that will be particularly affected by a recession?
2. Can you think of three examples of businesses that might actually benefit from a recession?
Explain the business cycle and recession.
1. Can you think of examples of three businesses that will be particularly affected by a recession?
2. Can you think of three examples of businesses that might actually benefit from a recession?
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the_economy_and_business.pptx | |
File Size: | 1961 kb |
File Type: | pptx |
economy_questions.docx | |
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further_economy_questions.docx | |
File Size: | 0 kb |
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