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An interesting way to describe the Business Cycle
25th February 2010
Not really an activity but I asked my students to think about how they would describe the Business Cycle to a 10 year old. One student came up with this brilliant description…
The Business Cycle is a bit like the changing seasons.
Summer: Boom
Flowers are blooming, people are happier (he linked this to business confidence), fewer leaves on the ground (low unemployment)
Autumn: Recession
Trees turn brown, more leaves on the ground (rising unemployment), nights become darker, moods change (lower confidence)
Winter: Slump
Lots of leaves on the ground (high unemployment), people are less happy (lower confidence)
Spring: Recovery
Green Shoots!
Amazing, brilliant, superb!
Beats my explanation hands down.
Loving the link between leaves on the ground and unemployment…