Business Cycle Peaks Are Always Followed by the _____ Phase

question 365

Short Answer

Business cycle peaks are always followed by the _____ phase.

---

Definitions:

Chinese Immigrants

Individuals from China who move to another country, often for reasons including economic opportunity, education, or to escape political instability.

Racist Attitudes

Prejudiced beliefs or discriminatory behaviors based on race or ethnicity, often resulting in unequal treatment or social injustice.

William H. Seward

A prominent figure in American politics in the 19th century, known for his role as Secretary of State under Abraham Lincoln and Andrew Johnson, and for his purchase of Alaska from Russia, an act often termed "Seward's Folly."

Alaska

The largest state in the USA by area, known for its diverse terrain of open spaces, mountains, forests, and abundant wildlife, with economies based on oil, gas, fishing, and tourism.