Macroeconomics 3: Booms, Busts & Us
Planet Money Summer School
00:00
Planet Money Summer School - The Business Cycle
The business cycle has four parts: expansion, the peak, recession and the trough. A counter cyclical plan is a policy that tries to counteract the business cycle. Bankruptcy is when businesses reorganize their financial situation in order to make a path forward. And if you like a little extra credit, let us know what your personal effects of the business cycle have been.
Transcript
Play full episode
