The correct answer is "direct democracy", as it does not have one specific leader with absolute power.
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.
Answer:
The Roman Forum was the scene of public meetings, law courts, and gladiatorial combats in republican times and was lined with shops and open-air markets. Under the empire, when it primarily became a centre for religious and secular spectacles and ceremonies, it was the site of many of the city’s most imposing temples and monuments.
Continents were in different locations in the past and thus have moved (drifted) to their present location.
Wegener - Published controversal book on this theory in 1915.
