7. What Caused The Great Depression - Business Cycle

1. What is a peak? 

you cant sell anymore

2. What is a recession? 

demand are less


3. What is a trough?
No customers






4. What is a recovery?
start to get new customers


Next we will look at how the iPhone fits into our model of a business cycle. Look at these news headlines from the past

1. How do the news headlines change from beginning to end? 


In the beginning they didn't have as much sales 



2. Which headline applies to a peak and which headline applies to a recession of iPhone sales?





3.  What could happen to the people who work at Apple if people stop demanding iPhones?

they could lose their jobs 



4. What could happen to the town where is Apple is located if more people demand less iPhones? 

the town could become very poorly 



5. Look at the graph that shows iPhone sales over the past 10 years.

 What does this graph suggest about the future of iPhones   and where are iPhones on the business cycle?

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