ALRIGHT PEOPLE! PUT THAT BRAIN TO WORK AND GIVE ME SOMETHING JUICY! I GOT 50pts ON THE LINE and I need an answer BEFORE Feb 21 at 11:59pm
The Business Cycle and The Industrial Revolution
1. EXPLAIN the phases of the business cycle.
2. The tariffs which President Trump raised on imports from china made the prices of imports higher to U.S. consumers. In terms of the phases of the business cycles, which phase is being most effected?
3. Structural unemployment is caused by a condition in which the economy has a high demand for technical jobs while the market system is producing jobs for the general public.
4. The Great Depression of 1929 put the economy into the lowest stage of the business cycle. It remained there for about 10 years. When it began the recovery phase, there were policies put into place. EXPLAIN some of the policies which helped in the recovery.
5. DISCUSS when the Industrial Revolution came to the U.S