Write a paper on the Financial Collapse of the Great Depression

Write a paper on the Financial Collapse of the Great Depression

Que 2)
In the American Economy, the roller coaster known as the business cycle is a never ending phenomenon. Discussion 2. The recurring expansions and contractions of our economy are
measured by changes in real gross domestic product, the unemployment rate and the
inflation rate.

Source: U.S. Department of Labor, Bureau of Labor Statistics.
A complete cycle typically lasts from five to nine years, but could extend to ten years or
more and shorten to four years. It is divided into four phases — expansion, peak,
contraction, and trough. Unemployment inevitably rises during contractions and inflation
tends to elevate during expansions and worsen during the peak. To avoid the inflation
and unemployment problems of business cycles, the federal government frequently
undertakes various fiscal and monetary policies (which we will study later in this course).
Drawing on Chapters 7 and 8 of our text, for this week you are to provide an example of
either of the two extreme phases of the cycle (peak or trough) that you personally
observed, experienced or learned about.
For the phase that you selected, tell us briefly what you think caused that particular
phase at that time. In other words, what forces were at work in the economy that you
believed led to that phase taking hold.
Your initial post is due Thursday at 11:59 pm CT.
Responses are due by Sunday at 11:59 pm CT. Respond to a minimum of three of your
classmates' postings.
Make sure not to repeat what one of your classmates has said, otherwise you will be
asked to re-post (if you want credit, that is). Lastly, additional references (besides out

textbook) should listed using either the MLA or APA formats; you need not identify our
text as a source.
Discussion Post Requirements and Due Dates
In this class you must present well thought-through and substantive first entry. It is also
expected of you to respond to other students' entries at least three times (politely). Be
concise but complete. You will receive a grade for this so think your comments through
carefully. Economic concepts always score higher too.
Your initial post is due Thursday at 11:59 pm CT.
Responses are due by Sunday at 11:59 pm CT. Respond to a minimum of three of your
classmates' postings.
Make sure not to repeat what one of your classmates has said, otherwise you will be
asked to re-post. Lastly, additional references (besides out textbook) should listed using
either the MLA or APA formats; you need not identify our text as a source.

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