Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Chapter 27 Key terms Reveal the key term by clicking the forward arrow on your keyboard. Business cycle Economic activity Economic growth © Pearson Education 2009 Edexcel GCSE Business Studies Chapter 27 Key terms Reveal the key term by clicking the forward arrow on your keyboard. Business cycle - fluctuations in the level of economic activity over a period of time. Most economies experience times when economic activity is rising and others when economic activity is slowing. Economic activity Economic growth © Pearson Education 2009 Edexcel GCSE Business Studies Chapter 27 Key terms Reveal the key term by clicking the forward arrow on your keyboard. Business cycle - fluctuations in the level of economic activity over a period of time. Most economies experience times when economic activity is rising and others when economic activity is slowing. Economic activity - the amount of buying and selling that takes place in a period of time. Economic growth © Pearson Education 2009 Edexcel GCSE Business Studies Chapter 27 Key terms Reveal the key term by clicking the forward arrow on your keyboard. Business cycle - fluctuations in the level of economic activity over a period of time. Most economies experience times when economic activity is rising and others when economic activity is slowing. Economic activity - the amount of buying and selling that takes place in a period of time. Economic growth - rises in the level of economic activity in an economy. It is measured by calculating the value of sales in an economy over a period of time. © Pearson Education 2009 Edexcel GCSE Business Studies Chapter 27 Key terms Reveal the key term by clicking the forward arrow on your keyboard. Recession The economy © Pearson Education 2009 Edexcel GCSE Business Studies Chapter 27 Key terms Reveal the key term by clicking the forward arrow on your keyboard. Recession - a situation when the rate of economic growth is negative for two successive quarters. The economy © Pearson Education 2009 Edexcel GCSE Business Studies Chapter 27 Key terms Reveal the key term by clicking the forward arrow on your keyboard. Recession - a situation when the rate of economic growth is negative for two successive quarters. The economy - the economic activity carried out by people and businesses in a country. © Pearson Education 2009 Edexcel GCSE Business Studies