Given the journal entries below, write an explanation of the event that created the transaction.
Definitions:
Military Repression
The use of military forces to control or put down dissent, opposition, or protests, often resulting in human rights abuses.
Economic Recession
A period of temporary economic decline during which trade and industrial activities are reduced, typically identified by a fall in GDP in two successive quarters.
Economic Depression
An economic depression is a severe and prolonged downturn in economic activity, characterized by significant declines in GDP, high unemployment, and deflation.
Non-union
Refers to workplaces or employees that are not affiliated with a labor union, often indicating a different set of workplace policies and employee benefits.
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