To address overproduction, companies relied on advertising and personal selling. This was the
<h3>What was the Great Depression?</h3>
This was a period in American history just after the World War when there was great economic recession and life was hard for people.
With this in mind, we can see that the sales oriented era had to do with the business style which coincided with the Great Depression as the people made use of advertising and personal selling as a way to increase sales.
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Answer:
1. False. The peak of 86 MILLION occurred in the year of 1996 and not in 2001 as per the reports of food and agricultural organisation of UN.
2. True. The given statement is correct from the source.
3. False. As per the research conducted on the basis of catch reconstruction, the catches have been declining due top several reasons.
4. The last statement is totally correct as verified by the source mentioned.
Answer: Monetary and fiscal policies
Explanation: Monetary and fiscal policies are two tools of the governments all over the world to stabilize economy in times of depression or recession.
These two can be explained as follows :-
1. Monetary policy refers to the decisions taken by the govt. to stabilize economy by adjusting the interest rates on short term borrowings or by changing the supply of money in the economy as per the need.
2. Whereas in fiscal policy federal govt. use tax collection and expenditure control for coping with depression or recession.
Answer:
Resilience
Explanation:
In psychology, the term resilience refers to the process of coping with trauma, tragedy or adversity and adapt to it. But it doesn't only refer to the process of adaptation but actually it involves personal growth. In other words, the person grows thanks to the adversity, the person also sees problems as an opportunity to learn and become a better person.
In this example, Martin sees opportunity where the rest of the world sees problems, he made money and lost it but he's wealthy again. We can see that Marty has coped with adversity (the recession) but he adapted to it and he found a way to go through that and earn a living and become wealthy again, thus, this is an example of high resilience.
You should open a joint bank account. Joint allows deposit or withdraw cash from your dual income. Can share with your family members. Income is safe with you having a joint account because you can monitor transaction.