Understanding Recessions

by Chet'la Sebree

Overview

Readers will learn about recessions and how they are a part of the normal economic cycle: peak, recession, trough, and recovery. This narrative explores how inflation and the imbalance of supply and demand can cause an economic downturn. Through the twenty-first-century example of the Great Recession, students will learn what causes these periods of economic contraction, what leads to recovery, and how to avoid severe and prolonged periods of stagnancy, also known as economic depressions.

Product Details

ISBN-13:	9781502646033
Publisher:	Cavendish Square Publishing, LLC
Publication date:	07/30/2019
Series:	21st-Century Economics Series
Pages:	80
Product dimensions:	6.00(w) x 9.00(h) x 0.50(d)
Age Range:	12 - 17 Years

Table of Contents

Introduction: The Business Cycle 5

Chapter 1 Defining Recessions 11

Chapter 2 Reasons for Recessions 25

Chapter 3 Organizations and Indicators 37

Chapter 4 Twenty-First-Century Recessions 49

Chapter 5 Preparation and Recovery 61

Glossary 70

Further Information 73

Selected Bibliography 76

Index 78

About the Author 80