The samoset Indians were the first people, I am sure.
Answer: A recession is a period of economic contraction, where businesses see less demand and begin to lose money. To cut costs and stem losses, companies begin laying off workers, generating higher levels of unemployment.
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The correct answer is B) "Bought grain, stored it, and resold it during times of low harvest":
Following a tendency of nationalizing several industries, which included salt, iron, and liquor, emperor Wu decided to interfere with the trade of grain in 110 BC. This happened as a response from the government to eliminate speculation generated by merchants by selling previously stored grain at below-market prices.
I would argue that the primary difference was the introduction of nuclear weapons after WWII--meaning that the spread of communism could actually take over the world as opposed to just causing unrest in the US.
Some examples is the holocaust in 1933 and Armenia 1915