Economics affects our daily lives in both obvious and subtle ways. From an individual perspective, economics frames many choices we have to make about work, leisure, consumption and how much to save. Our lives are also influenced by macro-economic trends, such as inflation, interest rates and economic growth
Answer:
D. Businesses will suffer from decreased sales and profits, eventually leading to closure.
Explanation:
An economic recession is defined as a significant decline in economic activity during several months in a row, and whose impacts can be seen in economic indicators like unemployment rate or gross domestic product.
During an economic recession, economic activity actually falls, meaning that the amount of either consumption, investment, exports, imports, or government spending decreases, leading to job losses, income reduction, loss of confidence in the economy, closure of firms, and falls in the tax revenue that the government obtains from economic agents.
Which battle began with “the shot heard round the world”?
C) Lexington
Which statement best summarizes one cause of the intolerable Acts?
D) Angry about Boston Tea Party, Parliament Passed laws to punish and make an example of Massachusetts.
What position did Patriots most clearly support?
A)The colonies must resist British unfairness.
Answer:
Pan-Africanism is a worldwide movement that aims to encourage and strengthen bonds of solidarity between all indigenous and diasporan ethnic groups of African descent.
