Answer:
GDP is measured by taking the quantities of all goods and services produced, multiplying them by their prices, and summing the total. GDP can be measured either by the sum of what is purchased in the economy or by what is produced. Demand can be divided into consumption, investment, government, exports, and imports.
The business cycle model shows how a nation's real GDP fluctuates over time, going through phases as aggregate output increases and decreases. Over the long-run, the business cycle shows a steady increase in potential output in a growing economy.
This was the period of Athens' major democratic and economic growth. Athens became a dominant regional power and developed an incredible amount of culture.
Any situation or law that would make the general citizenship think they are being oppressed or unfairly represented by the government, or want more power or more representation, and also in a situation where revolt is not only possible but safe to a point that most people are comfortable with, i.e. The Revolutionary War in the United States.
The Portuguese set many forts and factories when they
explored Africa. They also were able to
reach India through the Cape of Good Hope.
They also created several naval outposts that linked Lisbon to Nagasaki
to several other coast in the world.
They also grew wealthy due to business work. The Dutch on the hand, wanted to take part in
the spice trade while many Dutch farmers traveled to the interior. They were taxed too much but did not get any
protection from African raids and set up their own governments in Swellendam
and Graaf-Reinet.
