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

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Miss Smith 7 th Grade Civics *pgs (21.2)

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

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

 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

*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?

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