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In 2020, Members of Three Different Generations Will Be Working

question 2

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In 2020, members of three different generations will be working side-by-side in the United States.


Definitions:

Business Cycle

The natural rise and fall of economic growth that occurs over time, consisting of periods of expansion, peak, contraction, and trough.

Cyclical Industry

An industry whose performance is heavily dependent on the overall economic cycle, experiencing higher demand during economic upturns and lower demand during downturns.

Automobile Industry

A global sector that encompasses the design, manufacturing, marketing, and selling of motor vehicles, one of the world's most important economic sectors.

Trough

The transition point between recession and recovery.

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