Understanding the Role of Economics in a Global Economy
Business
9th Grade
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6 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the 4 phases of the business cycle?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the #1 cause of a recession?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What has been the average annual economic growth for the US?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What would happen if stock prices decreased by 30% Falling output and income would be a characteristic of the Business cycle phase
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What industries are affected most by a recession? Why?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
What industries are affected the least by a recession? Why?
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