Apparently it was built on august 15, 1620
The correct answer is A.
Recession is a significant decline in economic activity that goes on for more than a few months. It combines negative economic growth, a decrease in industrial production, employment, real income and wholesale-retail trade.
Recession is a normal part of a business cycle. There is no way of predicting when and for how long a recession will occur. Some possible predictors of recession are: declining asset prices, the change in unemployment figures and an inverted yield curve.
A depression is a deep and long-lasting recession.
<u>Answer:</u>
The part of a book that gives the author’s purpose in writing the book and acknowledges assistance from others is called the preface.
<u>Explanation:</u>
- The preface is an attempt to make the reader aware of the essence of the book broadly by giving an idea of what the writers thoughts are.
- There can be either one or two prefaces to a book, out of which, one is written by the author of the book himself. Through this preface, the author exercises the opportunity to give the people the righteous credit for the assistance provided by them in writing the book.