Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Classifcation of Economic Conditions

846 views

Published on

BF10 - Principals of Business and Finance

Published in: Education
  • Be the first to comment

Classifcation of Economic Conditions

  1. 1. UNDERSTANDING BusinessIn a Global Economy https://flic.kr/p/bzSJhX
  2. 2. Part2: Classificationof Economic Conditions https://flic.kr/p/qKPCJ3
  3. 3. ProsperityEmployment rate and demand for products and services are high. https://flic.kr/p/nYS2oM
  4. 4. RecessionUnemployment rate is increasing and demand for products and services are lowering. https://flic.kr/p/ao7qT4
  5. 5. DepressionUnemployment rate is high and demand for products and services is lowering. https://flic.kr/p/5pePFx
  6. 6. RecoveryUnemployment rate is lowering and demand for products and services is increasing. https://flic.kr/p/7Ye6mU
  7. 7. Changing https://flic.kr/p/fVvhMT Conditions
  8. 8. InflationAn increase in the general level of prices. https://flic.kr/p/4Ecw43
  9. 9. DeflationAn decrease in the general level of prices. https://flic.kr/p/5RB6PJ
  10. 10. Consumer An decrease in the general level of prices. https://flic.kr/p/9VxzfR Price IndexA measure of the average change over time in the prices paid by consumers for consumer goods and services.
  11. 11. InterestRateThe cost of borrowing money. https://flic.kr/p/chEwR9

×