The Period Between a Business Cycle Peak and a Business

question 163

Multiple Choice

The period between a business cycle peak and a business cycle trough is called

• A)expansion.
• B)recession.
• C)diffusion.
• D)recalculation.
• E)calibration.

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Definitions:

Structural Violence

Physical and/or psychological harm caused by impersonal, exploitative, and unjust social, political, and economic systems.

Globalization

Worldwide interconnectedness, evidenced in global movements of natural resources, trade goods, toxins, human labor, finance capital, information, and infectious diseases.

Structural Violence

A form of violence wherein social structures or institutions harm people by preventing them from meeting their basic needs.

Equality

The state of being equal, especially in status, rights, and opportunities.