Expansion, Recession, and Depression in the Economy

1
Expansion, Recession, and Depression in the
Economy
2
Changes in Supply and Demand
3
Trade
4
Types of Businesses
5
Costs and Benefits of Saving
6
Expansion, Recession, and Depression in the
Economy
CHANGES IN SUPPLY AND DEMAND
COSTS AND BENEFITS OF SAVING
TYPES OF BUSINESSES
TRADE
100
100
100
100
100
200
200
200
200
200
300
300
300
300
300
400
400
400
400
400
500
500
500
500
500
7
EXPANSION, RECESSION, AND DEPRESSION IN THE
ECONOMY - 100
This is regarded as having begun in 1929 with the
Stock Market crash and ended in 1941 with
Americas entry into WWII.
8
EXPANSION, RECESSION, AND DEPRESSION IN THE
ECONOMY - 100
What is the Great Depression
9
EXPANSION, RECESSION, AND DEPRESSION IN THE
ECONOMY - 200
During Clintons administration our economy
peaked. A small business was able to hire more
employees, and make the business larger.
10
EXPANSION, RECESSION, AND DEPRESSION IN THE
ECONOMY - 200
What is Expansion
11
EXPANSION, RECESSION, AND DEPRESSION IN THE
ECONOMY - 300
Both are blows to the economy, but this one is
longer and does not increase gradually.
12
EXPANSION, RECESSION, AND DEPRESSION IN THE
ECONOMY - 300
What is a Depression
13
EXPANSION, RECESSION, AND DEPRESSION IN THE
ECONOMY - 400
This is a contraction in National production that
lasts six months or longer. It might be marked
by job layoffs and high unemployment, stagnant
wages, reductions in retail sales, and slowing of
housing and car markets.
14
EXPANSION, RECESSION, AND DEPRESSION IN THE
ECONOMY - 400
What is a Recession
15
EXPANSION, RECESSION, AND DEPRESSION IN THE
ECONOMY - 500
Nicknamed the CCC, and part of FDRs New Deal
project, its acted as a cure for the depression
in 1933 when the president asked Congress for
unemployment relief.
16
EXPANSION, RECESSION, AND DEPRESSION IN THE
ECONOMY - 500
What is the Civilian Conservation Corps
17
CHANGES IN SUPPLY AND DEMAND - 100
This is the amount of a resource or product
sellers are willing and able to sell at various
possible prices.
18
CHANGES IN SUPPLY AND DEMAND - 100
What is Supply?
19
CHANGES IN SUPPLY AND DEMAND - 200
This is the amount of a resource or product
buyers are willing and able to buy at different
possible prices.
20
CHANGES IN SUPPLY AND DEMAND - 200
What is Demand?
21
CHANGES IN SUPPLY AND DEMAND - 300
This was used in the early days of the United
States before currency was developed.
22
CHANGES IN SUPPLY AND DEMAND - 300
What is Bartering?
23
CHANGES IN SUPPLY AND DEMAND - 400
This will cause the prices of a particular
product to have a decrease.
24
CHANGES IN SUPPLY AND DEMAND - 400
What is a Surplus?
25
CHANGES IN SUPPLY AND DEMAND - 500
This is the most important factor in both the
supply and demand scale.
26
CHANGES IN SUPPLY AND DEMAND - 500
What is the Consumer?
27
TRADE - 100
This is the current market price for which one
currency can be exchanged for another.
28
TRADE - 100
What is Exchange Rate?
29
TRADE - 200
These are goods or services that were produced
abroad.
30
TRADE - 200
What is an Import?
31
TRADE - 300
This controls the number or foreign products that
can enter the domestic market.
32
TRADE - 300
What is a Tariff?
33
TRADE - 400
This organization deals with the global rules of
trade between nations, and ensures that trade
flows as smoothly, predictably, and freely as
possible.
34
TRADE - 400
What is the World Trade Organization(WTO)?
35
TRADE - 500
This is the value of all goods and services we
sell to other countries minus the value of all
the goods and services we buy from foreigners.
36
TRADE - 500
What is Trade Balance?
37
TYPES OF BUSINESSES - 100
The goal of this business is to operate for
profit and to distribute the profits among the
shareholders.
38
TYPES OF BUSINESSES - 100
What is a Corporation?
39
TYPES OF BUSINESSES - 200
A business where one person furnishes all the
capital and assumes all the responsibility and
liability.
40
TYPES OF BUSINESSES - 200
What is a Sole Proprietorship?
41
TYPES OF BUSINESSES - 300
A corporation is also sometimes referred to as
this.
42
TYPES OF BUSINESSES - 300
What is a Limited Company?
43
TYPES OF BUSINESSES - 400
A business that passes profits through to the
individual stockholders, much the same way as in
a partnership, with the result that there is no
federal income tax to the corporation as an
entity.
44
TYPES OF BUSINESSES - 400
What is an S Corporation?
45
TYPES OF BUSINESSES - 500
This is one disadvantage of most corporations.
46
TYPES OF BUSINESSES - 500
What is Double Taxation?
47
COSTS AND BENEFITS OF SAVING - 100
Voluntarily putting aside a certain amount of
money regularly, for future usage.
48
COSTS AND BENEFITS OF SAVING - 100
What is Savings?
49
COSTS AND BENEFITS OF SAVING - 200
Loans people can give to the U.S. government.
50
COSTS AND BENEFITS OF SAVING - 200
What is a U.S. Savings Bond?
51
COSTS AND BENEFITS OF SAVING - 300
This is a certificate issued by a bank or thift
that indicates a specified some of money has been
deposited.
52
COSTS AND BENEFITS OF SAVING - 300
What is a Certificate of Deposit?
53
COSTS AND BENEFITS OF SAVING - 400
This involves an investment company gathering
money from shareholders, and investing it in
stocks, bonds, options, commodities, or money
market securities.
54
COSTS AND BENEFITS OF SAVING - 400
What is a Mutual Fund?
55
COSTS AND BENEFITS OF SAVING - 500
This allows individuals who are earning income
to contribute to a tax-deferred investment fund.
56
COSTS AND BENEFITS OF SAVING - 500
What is an Individual Retirement Account?
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Final Topic
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FINAL CATEGORY
ANSWER
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FINAL CATEGORY
QUESTION
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