Summarize the different phases of the business cycle

Reference no: EM133364071

Assignment:

Respond to the following

The business cycle represents the short-term changes experienced in the economy due to changes in levels of economic activity.

Summarize the 4 different phases of the business cycle.
Offer real-life events that you've experienced or researched,?as examples for 1 to 2 phases of your choice.
Share the impact that you, your company, or others around you experienced.
Based on that impact, what corrective action(s) should be taken?

Reference no: EM133364071

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