During an expansionary period/phase, an economy grows. In a contractionary period/phase, an economy declines/retracts until it begins to grow again.
NNP = GNP-Depriciation it is the net out put in a economy during a period of time.
The circular flow model of the economy is a conceptualization of the basic flows of income and spending in the economy during a given period of time. It is usually depicted on a diagram, which can be viewed at the Related Link.
I didnt get the awnser either so neither are you sorry have a good day love Kayla
Recession means the period of reduction in trade and commerce in the economy.
During an expansionary period/phase, an economy grows. In a contractionary period/phase, an economy declines/retracts until it begins to grow again.
The economy of China in the world war 1 period was that it was in a bad shape.
NNP = GNP-Depriciation it is the net out put in a economy during a period of time.
cao ni ma
a golden age
The price of economic goods fell during the time period from 1865 to 1896
The circular flow model of the economy is a conceptualization of the basic flows of income and spending in the economy during a given period of time. It is usually depicted on a diagram, which can be viewed at the Related Link.
During this time period China prospered by trade.
a golden age
None, or irrelevant. It was a horrible period when if they had anything they got killed or arrested to concentration camps.
The changes accompanying a shift from an agricultural economy to an industrial one.
The birth rate for the native-born white women in the United States rose dramatically during the antebellum period. In the same period, the cotton economy in the South was profitable and industrialization in the North was growing.