How does the boom and the bust of the economy impact the community?

After reading the assigned readings (the business cycle) and watching the videos, please write a short essay discussing your basic understanding of the cyclical nature of the economy. In your discussion, please address the following:
What is a business cycle and how does it influence the nation’s economy?
What happens to workers when the economy is booming and busting?
How does the boom and the bust of the economy impact the community?
How does the economic expansion or contraction affect businesses that employ workers that live in different communities?
How can this impact the work of a Human Services professional?
Write a paper that compares the economic climate of the 3 points (expansion, contraction and trough in a business cycle) in history.

Content showed little to no original thinking and reasoning. Most ideas were underdeveloped and unoriginal. Main points lacked detailed development. Ideas were vague with little evidence of critical thinking.
Score of Quality Content & Development,/ 25Criterion score has been overridden
Analysis and Reflection
Assignment demonstrated mastery of content and made numerous/rich connections to terms and ideas presented in the course. Writing included a deep level of analysis and reflection on the material.
Assignment demonstrated comprehension of content and made several/useful connections to terms and ideas presented in the course. Writing included a satisfactory level of analysis and reflection on the material.
Assignment demonstrated some engagement with content and made a few connections to terms and ideas presented in the course. Writing included minimal analysis and reflection on the material.
Assignment demonstrated a lack of engagement with content and made no or strained connections to terms and ideas presented in the course.

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