ECONOMY Who benefits ?. What is a Cyclical business flow? This flow shows us, the benefits from each businesses, it explains how households trade with.

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Presentation transcript:

ECONOMY Who benefits ?

What is a Cyclical business flow? This flow shows us, the benefits from each businesses, it explains how households trade with the factories and companies, where the profits are sent back to households.

SPEAKING OF A COUNTRY ITSELF.

Winners In rich countries, global business is accurate, therefore more trade and more products. Economy in these countries has grown bigger and stronger, in general it leads to an increasing rate of living standards. Therefore, if there are more products in a country, there is more demand which leads to the deceasing in prices, such as personal computers, or any other service considered luxury in the past.

Losers But, in this case not so many people have been fortune in this Economic universe, for examples workers in business companies that move their production to a poor country can lead to the loss of their jobs. In this case, maybe because of the lack of natural resources or also poverty; Because in this economy all companies, factories are competitive, so loosing against a larger business in a richer country, can lead to shutting businesses and factories down.

Works cited Dowling, David; Global business: who benefits ? Heinemann, Chicago, Illinois, 2007c.