Answer:
The music industry has shifted from a Markup/Peak market cycle to a Distribution/Contraction cycle market
Explanation:
There are four phases in the market cycle.
1. Accumulation or Expansion
2. Markup or Peak
3. Distribution or Contraction
4. Markdown
- Accumulation occurs as a result of economic growth in the market
- Markup or Peak occurs when the buying pressure reaches it highest level.
- Distribution or Contraction occurs when there is weakening in the market, that is, weakening of the market but not total collapse.
- Markdown occurs when the market has sung down to the lowest possible point, that is when there is total collapse of the market.
The market has a cycle that rotates round like a cycle. The moves from Accumulation to Markup then to the Contraction cycle then to Markdown market cycle.
From the scenario given, the music industry was at the Markup cycle market during the time when the music industry could sign multi-year contracts with artists and sell copyright protected music through establish distribution channels.
However, the music industry experienced the Distribution or Contraction market cycle when there was a decline in the number of Compact Disc sold as a result of a shift to digital format and rise of internet technology which allowed sharing of music over a peer-to-peer network without visiting the music shops to buy Compact Disc from recognized distributors.
Britain’s debt from the French and Indian war led it to try to consolidate over its colonies and raise revenue through direct taxation generating tensions between Great Britain and its North American colonies.
<span>The play examines the effect regret has on human relationship as the humility that is required to repair damages done.
The element of drama that classifies this scenario best is <u>thought.</u></span>
Answer:
I think it is
Explanation:
The whole point of Democracy is to give the people the most power to run the government.
One big problem about it is that people who live in a lot of countries tend to have a lot of different perspective and opinion to the point where it is impossible for all citizens to be completely agree on something.
This is why we choose to elect representatives that we can trust to run things for us. NOT ALL people will be happy about the representative's performance, but all citizens will forced to make compromise with one another.
