THE VIRGINIA DYNASTY 1801 1825
THE MONROE DOCTRINE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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presidential
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Nationalism
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Sectionalism
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prosperity
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Detailed explanation-1: -An economic boom is the expansion and peak phases of the business cycle. It’s also known as an upswing, upturn, and a growth period. During a boom, key economic indicators will rise. Gross domestic product (GDP), which measures a nation’s economic output, increases.
Detailed explanation-2: -An economic cycle is the overall state of the economy as it goes through four stages in a cyclical pattern: expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending can help determine the current stage of the economic cycle.
Detailed explanation-3: -Peak. the period of greatest prosperity or productivity. Economic growth.
Detailed explanation-4: -Economic growth is driven oftentimes by consumer spending and business investment. Tax cuts and rebates are used to return money to consumers and boost spending. Deregulation relaxes the rules imposed on businesses and have been credited with creating growth but can lead to excessive risk-taking.