The Mayas were the indigenous group that recorded their belief system and history with carved hieroglyphs.
Answer:
A business cycle can be defined as a measure of the short-run fluctuations (downswings and upswings) in economic activity such as the rate of employment, level of output (production), sales and revenue over a specific period of time.
Explanation:
A business cycle can be defined as a measure of the short-run fluctuations (downswings and upswings) in economic activity such as the rate of employment, level of output (production), sales and revenue over a specific period of time.
Simply stated, a business cycle is a measure of the periodic but irregular changes (rise and fall) in the gross domestic product (GDP) of a country.
Basically, the business cycle is characterized by four (4) main stages or phases and these are;
I. Recession (contraction).
II. Recovery
III. Growth (Growth)
IV. Decline
The main purpose of a business cycle is to analyze an economy and to make better financial decisions with respect to a country.
The reason for mentioning WWI soldiers is during The Depression soldiers from WWI wanted a bonus that was promised them but wanted it early since they along with millions of others were facing desperate times. Not only did the government refuse to pay them but the protest marches by the former soldiers were broken up and the camps they slept in burned.
<span>The song in general refers to how people were well employed building the country up before the economic collapse ended up literally begging for money or food just to survive.</span>