they made leather , salted pork an raised cattle an also mined gold
Under this system, Native Americans were required to farm, ranch or mine for the profit of an individual Spaniard.
Encomienda
The life cycle of maximum and minimum activity, such as in solar cycles or economic cycles, typically repeats over specific intervals. For instance, solar cycles fluctuate approximately every 11 years, characterized by peaks (maximum activity) and troughs (minimum activity). Economic cycles, on the other hand, can vary in length but often follow a pattern of expansion and contraction over several years. Overall, the frequency of these cycles depends on the specific phenomenon being observed.
A trade cycle refers to the recurring pattern of expansion and contraction in economic activity over time. The Hawtrey trade cycle model, developed by economist Ralph George Hawtrey, emphasizes fluctuations in the money supply as the primary driver of economic cycles. According to Hawtrey, variations in the money supply lead to changes in spending and investment, which in turn affect economic activity. The model highlights the importance of monetary policy in influencing the business cycle.
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A business cycle refers to the recurring pattern of expansions and contractions in economic activity over time. It typically consists of four phases: expansion, peak, contraction, and trough. These cycles are a natural part of the economic system and are influenced by various factors such as consumer spending, government policy, and technological advancements.
A recurring cycle of booms and busts, recoveries and recessions
The likely word is "routine" (normal, everyday, or a pattern of activity).
This model could be a basis or pattern for the generations to come. Using the model economic status could easily be identified.
A financial pattern, habit, or change that affects our society in general.
B.C Tandon has written: 'Pattern and technique of India's economic development' -- subject(s): Industries, Economic conditions
Cropping pattern is the proportion of area under different crops at a particular period of time. Cropping patterns in India are influenced by infrastructure facilities, socio-economic factors, technological factors, and economic motivations.