Peter Calabrese Economics 101 Dr. Maglione March 22, 2000 How has your life changed since 1991? Have you noticed: an increase of material goods around your house, a new car in your driveway, or a little bit bigger gut due to eating more prime rib and filet mignon. If you have answered yes to any of these questions you are among the millions that have benefited from the economic boom. The economic boom refers to the period of economic …
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showed last 75 words of 949 total
…more susceptible to fixed costs and falling revenue. Secondly the market is growing only on technology stock, while other areas are experiencing little to no growth. Most money is invested in Technology stock, so if this one part of the market fails most people who have money invested stand to loose these assets. Finally if the market slows and downsizing is needed 3% of workers are employed by temp services who can easily be laid off.