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?