Which statement describes economic activity in a recession? a) consumer spending declines b) business production increases c) the employment rate increases d) government regulations decrease

The correct answer is A) consumer spending declines.

Explanation:

During recession, the economic activity typically decreases, and as a consequence, the industrial production of goods, services and capital investment also diminishes. Usually, there is an increase in unemployment, which has a negative impact on people's individual economy. As a result, people count with less money to spend, and thus consumer spending declines.

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1.) question:

how was the agricultural revolution related to the industrial revolution?

d.) improved agriculture led to population growth, which increased demand for goods.

2.) question:

which of the following happened first in the events leading to american independence?

c.) the meeting of the first continental congress.

3.) question:

what was one advantage that cities offered businesses and industrialists?

answer:

d.) transportation networks

4.) question:

what economic philosophy developed in response to the problems of industrial workers?

a.) socialism

5.) question:

how does this image relate to the jacobins?

b.) the jacobins used this machine to scare and execute those who supported the king.

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