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This article illustrates two economic terms, the business cycle and consumer confidence. The UK economy is currently going through a boom phase, suggesting inflation is rising. This may seem good now, but higher inflation causes less competitiveness for exports, which will lead to a recession phase. It's the business cycle. The article also describes how job opportunities went up, which is likely to cause consumers to consume more, because they are expected to get a raise or promotion soon. This adds to the boom even further. Knowledge of this makes it easier to make economic decisions and explaining why events take place like they do.

The overall article states that China might increase its output and economists are predicting that by looking at the other four major East Asian economies. This relates to our topic because that means the firms and government are investing more and the the economy's exports are increasing

This article, published on November 20, 2015, describes how fracking companies in the United States are progressing in the business cycle. In the author's opinion, business growth for these firms is slowing down, indicating an approach to recession.

This article looks at the boom and recession of the housing market which played a huge part in the overall economy of the us in bringing it to a recession.

With Canada creating free trade policies with many countries in Europe and also South Korea. They left out a hole on trade policy with China. This is what they need to now fill. Although China's economy is not booming, they are expected to increase in GDP of 6-7%. This can be benefiting to Canada. Considering the benefits Australia is having, after the relations with China. Australia and Canada have similar government policies.