NEW

eBook 21st-Century Economics: Understanding Recessions, 1st Edition

  • Chet'la Sebree
  • Published By: Cavendish Square Publishing
  • ISBN-10: 1502646048
  • ISBN-13: 9781502646040
  • DDC: 338.5
  • Grade Level Range: 7th Grade - 12th Grade
  • 80 Pages | eBook
  • Original Copyright 2020 | Published/Released November 2019
  • This publication's content originally published in print form: 2020
  • Price:  Sign in for price

About

Overview

Readers will learn about recessions and how they are a part of the normal economic cycle: peak, recession, trough, and recovery. This narrative explores how inflation and the imbalance of supply and demand can cause an economic downturn. Through the twenty-first-century example of the Great Recession, students will learn what causes these periods of economic contraction, what leads to recovery, and how to avoid severe and prolonged periods of stagnancy, also known as economic depressions.