There are five stages in a recession.

1. job loss

2. falling production

3. falling demand (occurs twice)

4. peak production

In which order do these stages occur?

Question

Social Studies

Micaela Myers

23 July, 20:00

There are five stages in a recession.

1. job loss

2. falling production

3. falling demand (occurs twice)

4. peak production

In which order do these stages occur?

+2

Answers (2)

Know the Answer?

Louisa · Answer 1

I believe the answer is: 3,2,1,3,4

When the demand of products in the market fall, many companies would be forced reduce its overall production in order to avoid overstocking.

This would make the companies need less workers and cause job loss for many people. This lead to a decrease in purchasing power in the market before eventually the market bounce back and reach its peak production.

Valery · Answer 2

between 1 or 3 because i did this on a pop quiz

There are five stages in a recession.1. job loss2. falling production3. falling demand (occurs twice)4. peak productionIn which order do these stages occur?

There are five stages in a recession.

1. job loss

2. falling production

3. falling demand (occurs twice)

4. peak production

In which order do these stages occur?