Business circle

an act of making people unemployed because there is no more work left for them to do

A rise in the number of business failures and businesses announcing

lower profits and investment is a telltale sign of

• recession

• recovery

to become or to make something smaller in size or amount

What is not a stage of a business cycle?

• recession

• prolongation

• recovery

• expansion

a sudden increase in the amount or number of something

The term ‘green shoots’ is used to refer to the first signs of economic

• recovery

• recession

• expansion

• slowdown

An act of buying and using products is called

Analysing of a business cycle can help you make better financial

decisions.

• Yes

• No

Employers

may need to offer higher wages to attract skilled workers during a period of

• expansion

• recession

• recovery

• downturn

If the economy grows without falling into recession, this is called a