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Author Question: Can business cycles be avoided? What will be an ideal response? (Read 66 times)

ss2343

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on: Sep 11, 2019

Question 1

Are the airlines vital to the success of the other travel and tourism sectors?
 
  What will be an ideal response?

Question 2

Can business cycles be avoided?
 
  What will be an ideal response?


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memslove

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Reply #1 on: Sep 11, 2019

Answer 1

Airlines transport customers to hotels, gaming casinos, cruise lines, rental car companies, and the various tourist attractions so each of these sectors would be hurt if there were no airlines.

Answer 2

Alternating periods of economic growth and recession are an unavoidable consequence of free market economic systems where supply and demand forces are uncoordinated and may get out of balance resulting in too much or too little supply relative to demand.


ss2343

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Reply 2 on: Sep 11, 2019
YES! Correct, THANKS for helping me on my review

amcvicar

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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