Microsociety - Week 8

Inflation and recession

This week in Microsociety we learned two new words

called inflation and recession.

We learned that inflation was when prices increased.

Recession was when business closed down.

We then read the next part of a story called to many seeds.In this instalment,seeds were becoming readily available and therefore less valuable.

Then we traded and developed our business.

Then we watched a video called the wall street cash.