Based on that impact, what corrective action(s) should be taken?

Posted: March 8th, 2022

Respond to the following in a minimum of 175 words:
The business cycle represents the short-term changes experienced in the economy due to changes in levels of economic activity.
Summarize the 4 different phases of the business cycle.
Offer real-life events that you’ve experienced or researched, as examples for 1 to 2 phases of your choice.
Share the impact that you, your company, or others around you experienced.
Based on that impact, what corrective action(s) should be taken?
Post 2 replies to classmates or your faculty member. Be constructive and professional.