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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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