Microsociety

This was our seventh week of Microsociety and we learnt about INFLATION AND RECESSION.

We learnt that recession was when the prices increased and recession was when business closed

down. We discussed the knock on effect of recession.

We then saw a video about 'the wall street crash' and saw how so many people put all their money in stocks and then an inflation happened and all their money went to waste and there was a recession.

When we had some time left, we traded for half an hour.