It is important because it does not balance on a yearly basis, but rather on economy cycles. This means that budget deficits and surpluses are accounted for in the budget according to what economic cycle the country is in. That's why the definition of surplus and deficit changes depending on how successful the economy is.
Explanation:
The Spring Festival falls on the 1st day of the 1st lunar month, often one month later than the Gregorian calendar. It originated in the Shang Dynasty c. 1600 BC-c. 1100 BC) from the people's sacrifice to gods and ancestors at the end of an old year and the beginning of a new one.
In 1912, the government decided to take away Chinese New Year and the lunar calendar, but took in the Gregorian calendar instead and made January 1 the official start of the new year. After 1949, Chinese New Year was renamed to the Spring Festival.
Ans: The Alien and Sedition Acts were a series of four laws passed by the U.S. Congress in 1798 amid widespread fear that war with France was imminent. The four laws–which remain controversial to this day–restricted the activities of foreign residents in the country and limited freedom of speech and of the press.
