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Business Cycle - College Essays

Business Cycle

In everyday society, companies are affected by the economy. The company either suffers or benefits depending on what kind of economy it is. This will depend on what kind of company it is, and what kind of market the business does well in. The is what determines this factor. It is a term used in economics to designate changes in the economy.
Timing of the is not predictable, but its phases seem to be. Many economists site four phases�prosperity, liquidation, depression, and recovery. During a period of prosperity, a rise in production leads to increases in employment, wages, and profits. Obstacles then begin to obstruct further expansion. Production costs can increase, helping create a ...

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and people buy more. Investment expands. A new cycle is under way. (msnencarta.com)
(http://www.keystone-web.com/buscycle.html)
s do not always behave as neatly as the model just given, and no two cycles are alike. Apart from the traditional , specialized cycles sometimes occur in particular industries, as in the building construction trade.
Peapod, is an Internet grocer that provides online grocery shopping to various cities across the country. In an economy where unemployment is rapidly decreasing , anything that can allow people to get things done easily and swiftly are greatly appreciated. Since Americans work more hours than any other country in this world, Peapod can only benefit from everybody�s inability to not stop working. Nobody has enough time to do the little things, like get gas, go grocery shopping, etc.� Society is also willing to pay the extra bucks to have the groceries hand delivered to their doors because grocery shopping is a hassle and its annoying. No one ...

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Business Cycle. (2008, December 7). Retrieved November 30, 2024, from http://www.essayworld.com/essays/Business-Cycle/94266

"Business Cycle." Essayworld.com. Essayworld.com, 7 Dec. 2008. Web. 30 Nov. 2024. <http://www.essayworld.com/essays/Business-Cycle/94266>

"Business Cycle." Essayworld.com. December 7, 2008. Accessed November 30, 2024. http://www.essayworld.com/essays/Business-Cycle/94266.

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PAPER DETAILS

Added: 12/7/2008 12:07:46 PM
Category: Miscellaneous
Type: Premium Paper
Words: 813
Pages: 3

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