Check out my writings: Today im going to enlighten you all about the business...

[Prodigy]

peace to everyone in the furom

i have taken economics this semester, it is of course an interesting subjects for business students and students of different fields, even this course is offered for students of engineering, i have quiz tomorrow morning and i still have to finish one more chapter for to get mentally prepared. economics is very important in a sense that anyone can be affected by the inflation rate, if everyone is aware of inflation rate and how to resolve problem when recession strikes it will help households in a great deal

Today im going to enlighten you all about the business cycles. Economics consists of four business cycles.

1) peak, 2) recession, 3) trough and 4) recovery or expansion.

now i will describe each of this types of business cycles in the following

peak: during peak the level of output is very close to the economy's capacity, the price level is likely to rise

recession: peak is followed by recession- during recession output and employment falls, since the price is downwardly inflexible, it may fall if the recession is prolonged or severe.

i will not discuss sorry because i really need to get back to my studies and try finish the remaining chapter as soon as i can, i promise i will complete the description later!

peace

Request: now help me out if i committed any mistake and if possible rewrite my post in a very professional way

thank you

peace

[Prodigy]

hey i cant proceed unless someone help me out pointing out my errors

please anyone willing to help