Toys'r'us
What time period did the creator of Toys'r'us base his business off of?
Baby Boomers
Who were the original founders of McDonalds?
The McDonalds Brothers
T/F The stock market crash caused the great depression.
False
What is the pattern called that businesses go through repeatedly? There are ups and downs in the pattern.
The Business Cycle
What products did Toys'R'Us originally sell and realize that they were not successful with it?
furniture
This is the guy who originally saw the McDonald's restaurant and convinced the brothers to franchise.
Ray Kroc
What caused the banking system to fail?
People pulling all of their money and they bank not having the funds to back up the accounts due to over lending.
What are the different phases of the business cycle called?
Peak, Trough, Recovery
What caused the demise of Toys'r'us in 2005?
debt load, amazon
Selling multimixers
This company was created during the great depression and still exists as a household staple today. The company is known for cheap and easy meals.
Campbell's Soup
What is the best phase of the business cycle for a business to expand?
What store is Toys'r'us making a comeback inside of?
What was the key factor of McDonald's that Ray Kroc was fascinated with and helped McDonald's to be so successful?
Speed
The major key factor to start of the great depression was.....
the banking system
Macroeconomics looks at what part of the economy?
The big picture or the country as a whole
Who created Toys'R'us?
Charles Lazarus
What was the name of the system that the McDonald's brothers invented and used in their restaurant that most fast food companies use a form of today?
Speedy System
What was the unemployment rate during the great depression?
25%+
Microeconomics looks at what part of the economy?
Consumers and Industry