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What is the name of the business cycle where the economy is falling and people are losing their jobs? A, Peak B. Recovery C. Boom D. Recession
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21 votes
21 votes
What is the name of the business

cycle where the economy is falling and
people are losing their jobs?
A, Peak
B. Recovery
C. Boom
D. Recession

User JimmyYe
by
3.4k points

2 Answers

23 votes
23 votes

Answer:

the answer is recession

Step-by-step explanation:

It means a temporary decline in economic activities

User PeteH
by
2.7k points
15 votes
15 votes

Answer:

D, recession

Step-by-step explanation:

There was one in 2008/2009 where people lost their jobs and it was like a mini version of the great depression

User Vumaasha
by
3.2k points
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