Purpose: To investigate the economic business cycle and the period of recession.
Instructions: Generally, economists define a recession as two or more consecutive three-month periods of decline in a country’s gross domestic product. Unemployment rises during a recession, and total buying power declines.
Research The Great Recession (2007 to June 2009), what company and/or product continued to succeed during the recession? Why?
- 12 – Times New Roman Font.
- Use grammatically correct business writing that is “audience centered, purposeful, persuasive, and economical” (M.E. Guffy & D. Loewy, 2010, p. 50).
- Do not plagiarize.