Assignment:
• Introduction Choose an industry and then analyze the growth pattern of that industry during periods of recession and periods of expansion. Provide an overview of the industry, its size (market share), its output level, its growth pattern, its employment share (how many people does it employ), and key challenges and opportunities this industry faces.
• Data
o Obtain data pattern from at least three credible sources (not Wikipedia) to provide facts about the industry output over 10 years and the sources of the growth (changes in regulations, changes in consumption, changes in investment, changes in government purchases, or changes in net export).
o Obtain data about that describe source or changes in GDP growth rate for the same period (10 years). Use tables, graphs, and figures to support your argument.
• Analysis Discuss the sources of the growth pattern and how and why these sources affect the growth or decline of the industry. In addition, discuss the relationship between GDP growth rate and the growth rate of the industry. Moreover, discuss the effect of the growth of the industry on the growth of GDP, and/or the effect of GDP growth on the growth of the industry. Make sure you discuss the effect of different stages of the business cycles (recession and expansion) on the industry.
• Conclusion Provide your own final thoughts, opinion, and understanding of the different forces that impact the industry based on solid facts. In addition, state your thoughts about the future of the industry and provide recommendations for expanding it. 4 pages with separate ref list, APA style, plag. checked.