Economy
Storyboard-Text
- Expansion period
- Why are these gas prices so high!?!
- well "this is a space age" but actually that's because right now the economy is in the expansion period
- The expansion period, whats that?
- Expansion period
- oh, i see so because people are getting paid more prices are going up to match the pay raise.
- The expansion period is when the economy is at an all time high so as people get paid more the prices go up
- How is this guy always here when i need help?
- Recession 2 months later
- Well now the gas prices are cheap but i also don't earn enough money to pay for it
- Yeah, with the recession in full swing its hard to pay for anything with how little we earn
- recession
- The recession, I feel like I've heard of that before.
- The recession means the economy is going down and prices are dropping but so is how much we get paid
- You probably have heard it, its what caused the great depression.
- SWEET! The gas is not super expensive and i have enough money to pay for it
- Recovery 3 months later
- How do i keep running into this guy?!
- Yes! Its so great now that were going through the recovery period we can finally pay for things
- Recovery
- I Know this one! This is right after the recession it means the economy is recovering and things are balancing out.
- I think i finally understand how the economy works. Awesome!
- Exactly right! The recovery is when the economy is finally healing and balancing out.
- I see! so even though the prices have dropped i earn much less still making it hard to buy anything
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