The Recession

The term recession is a period of temporary economic decline. It tends to deal with reduction in trade and industrial activity. These are identified as a fall in GDP in 2 quarters. They are very unpredictable  and they are never consistant. They are not uncommon to the economy world, they are very familiar because the economy is always changing. One person referred to them as "chesirecat, might disappear, reappear, and change shape"(5). This period of time is when all economic is not too its standard. People tend to believe this leads to a depression, which it rarly ever does because the author said "they occur when the economys normal or recuperative mechanism fails to engage"(5).  Depressions are a period of time of economic failure, many things go wrong but recessions are usually cause by bad investments.
 The mark shifts between 2 types cycles called the bull market or the bear market. A bull market is when market activity and investments are increasing. Even during the situations like when people expect prices to be raised it is still a bull market. A bear market is simpy the opposite, during these times activity is down and stocks within the market are down. This tends to happen for a shorter period of time. One good example of a bear market is the great depression. People were loosing money because all stocks and investments had no value.

Underground Economy

This hidden economy is an economy of people who can not find full time jobs. All these people usually get paid in cash and these actions are done without the goverment knowing. This economy is benefial because it proves extra spending money to the people to help support there families. It helps support real conomy by providing the working class extra spending money to put in the economy. This underground economy also has several negative effects. One is that the goverment recieves less money so they are forced to increase taxes to make up for the loss. Also, this has been found to lead to more drug and violent crimes. Lastly, these workers do not have socail security and health benefits, so they are not treatedas fairly.

Net Neutrality

Net neutrality is the princicpal that everybody is treats data on the internet equally without any form of discrimination. Big business want to try and end this and run the internet themselves and not let people have the freedom they do on it today.  Big business want to own the internet because they will have the faster internet  because there paying extra. Consumers, would be forced to have slow internet and small business would go bankrupt. The FCC is in charge of net neutrality of the internet. They are responsible  for all communications over the internet, radio, and television