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21026, What is business Gross domestic Product The GDP is the total value of goods and services during any given year, What is business Monopolies companies that control an entire market, The Economy Depression at the lowest point in the economic cycle, The GDP is the total value of goods and services during any given year Major Impact This has major impact in the National Budget, What is business Laws antiturst laws, The Economy Properity At the highest point in the economic cycle, What is business Trademarking copyrighting protects an artsits work such as a song, What is business Economic Cycles Prosperity, Resession, Depression, Recovery, What is business Trademarking Patents protect an idea or invention, What is business Outsourcing Sends our jobs over seas to cut production costs