Please try to answer the question according to the instruction below:

This assignment should consist of the following sections: introduction, country choice, main body response to the sections of parts I and II, conclusions, and references.

Part- 1: From the below table:-

a. How often have recessions occurred since the end of World War II (1945)?

a. How often have recessions occurred since the end of World War II (1945)? (5 marks) Trough Peak Months Months of of Expansi Contract on ion December 1900 September 1902 18 21 August 1904 May 1907 23 33 June 1908 January 1910 13 19 January 1912 January 1913 24 12 December 1914 August 1918 23 44 March 1919 January 1920 7 10 July 1921 May 1923 18 22 July 1924 October 1926 14 27 November 1927 August 1929 13 21 March 1933 May 1937 43 50 June 1938 February 1945 13 80 October 1945 November 1948 8 37 October 1949 July 1953 11 45 May 1954 August 1957 10 39 April 1958 April 1960 8 24 February 1961 December 1969 10 106 November 1970 November 1973 11 36November 1970 November 1973 11 36 March 1975 January 1980 16 58 July 1980 July 1981 6 12 November 1982 July 1990 16 92 March 1991 March 2001 8 120 November 2001 December 2007 8 73 June 2009 February 2020 18 128