1. Miss Smith 7 th Grade Civics *pgs. 561-564 (21.2)

2.  Stage 1: Expansion  Stage 2: Peak  Stage 3: Contraction  Stage 4: Trough

3.  Business Investment  Money and Credit  Public Opinion  International Events

4.  Leading indicators- signs that come before major changes in the business cycle  Coincident indicators- signs that show economists how the economy is doing at the present time  Lagging indicators- economic signs that follow major changes in the business cycle

5. *Do NOT write  Why might some American companies want to open factories in foreign countries?  Why might a company choose to remain in the United States and hire American workers?

6. *Do NOT write  How did the September 11 attacks affect the American economy?  In what ways can weather affect the economy?