Economies go through cycles of growth and contraction. When economies are healthy, people are spending money on products and serv
Economies go through cycles of growth and contraction. When economies are healthy, people are spending money on products and services, and businesses are hiring more people. When economies decline, they go into recession. A lot of factors can impact an economy, which can have a real effect on consumers and businesses.
Watch the following video that explains what a recession is and how it can impact people:
Think about the choices you make and your quality of life during times of economic growth and economic downturn. For this discussion, answer the following:
- Share an example of a purchasing decision (i.e., what would you buy) that you would make if the economy was very healthy. Discuss why you would be able to make this decision during a healthy economy.
- Share an example of a purchasing decision (i.e., what would you not buy) that you would make if the economy was in a downturn. Discuss why you would have to make this decision during an unhealthy economic period.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
