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Outline the phases of the business cycle, and explain why business cycles have generally become less severe in Australia since the 1950s.
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Coercive Acts
A series of punitive measures enacted by the British Parliament in 1774 aimed at restoring authority over the American colonies, also known collectively in America as the Intolerable Acts.
Quebec Act
A 1774 British law that extended Quebec’s boundaries to the Ohio River, recognized French law and Catholicism in the region, which angered the American colonists and contributed to the American Revolution.
Patriots
Individuals who passionately support and defend their country, often associated with the American Revolution against British rule.
New Jersey
A state located in the northeastern United States, known for its significant historical landmarks, diverse ecosystems, and as a hub of transportation and industry.
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