What we can say with certainty is that Clinton served as president during the last eight years of a decade-long economic expansion that stands as the longest boom in U.S. history. Clinton saw a gain of nearly 21 million jobs during his tenure .Certainly Clinton deserves some credit for that remarkable economic growth, but just as certainly he can’t claim all the credit. How much he deserves is a matter of opinion that will probably be debated for years to come. By the time he left office, the economy was slowing rapidly, and it slipped into recession<span> in March 2001, just weeks after George W. Bush was sworn in.</span>
At the time, most rulers were Catholic and believed that the Pope had influence over all of them. And to top all of that, Roman Catholicism was the only Christian religion at the time.
Answer:
The reading shows that musical trends increase the demand in the music industry and stimulate the supply of this industry. However, the trends tend to be transient, providing a decrease in demand and consequently in supply, which makes the music industry highly volatile.
Explanation:
The music industry is a highly volatile economic sector with drastic changes in demand and supply, due to the frequent musical trends that are established.
When a musical trend is launched (kpop, for example), there is a large number of consumers who want this trend to be very active in the market. These consumers increase the demand for products of this trend, which makes the production large and the number of suppliers of important supplies for this production is very efficient. In this case, if the production is high, the supply is also high.
However, trends tend to disappear over time, decreasing the number of consumers. Thus, the production of products of this trend must be reduced and, consequently, the supply of this trend decreases. However, a musical trend decreases with the rise of another trend, which will drive the increase in demand and supply again.
