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It is an important measure of the economy's overall health. The business cycle refers to the rise and fall of economic activity through periods of expansion and recession. ... Therefore, the GDP is the overall economic activity, and the business cycle is the ebbs and flows of the activity.
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Answer:
East African trade had many effects on different cultural groups. East African trade created an entire new language when the Bantu-speaking people and the Arabs started interacting with one another. East African trade also introduced Islam to the east coast of Africa.
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The history of the Black Plague serves to project the environmental and economic consequences of the current coronavirus pandemic, given the similarities between both historical events.
Thus, the Black Plague implied, like the current pandemic, an almost total cessation of economic activities at the global level, causing a consequent increase in poverty rates, with the consequent decrease in the population's standard of living.
But, on the other hand, the decrease in production during the Plague had beneficial effects for the environment, since it decreased the increasing rates of environmental pollution at that time. In this sense, a similar situation is being experienced in the present, since restrictions on certain activities and circulation in general have slowed down the already advanced global pollution process.
Puerto Rico <span>not become a U.S. territory </span>
The Gulf of Tonkin joint resolution was passed by the US Congress so President Johnson can be authorized to take charge and use the military against Vietnam. The incident happened when the USS Maddox at Tonkin was attacked by Vietnamese using torpedos despite several warnings during a patrol round.
