It <span>laid the foundations for the beginning of a modern global economy</span>
<span>The office of the president is important and the nation needs strong leadership.
Congress has not typically given up its responsibilities, and at times has had a contentious relationship with presidents as the legislative and executive branches check and balance each other's power. And while some presidents have expanded the power of the office by their popularity, even presidents who weren't highly beloved by the people have managed to increase the power of the office.
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Answer:
GDP declines, and unemployment rates rise because companies lay off workers to reduce costs. At the microeconomic level, firms experience declining margins during a recession. When revenue, whether from sales or investment, declines, firms look to cut their least-efficient activities.