Draw The Economic Cycle Diagram. Creately diagrams can be exported and added to word ppt powerpoint excel visio or any other document. The line of cycle that moves above the steady growth line represents the expansion phase of a business cycle.
Stages of the business cycle. In the expansion phase there is an increase in various economic factors such as production employment output wages profits demand and supply of products and sales. You can use one to show the flow of money in an economy the way resources move through a production process or the life cycle of an idea.
Use our economic graph maker to create them and many other econ graphs and charts.
The circular flow diagram is a basic model used in economics to show how an economy functions. In the expansion phase there is an increase in various economic factors such as production employment output wages profits demand and supply of products and sales. Creately diagrams can be exported and added to word ppt powerpoint excel visio or any other document. Use our economic graph maker to create them and many other econ graphs and charts.
