Answer: Their income will not increase, so their purchasing power falls.
Naturally, a fixed income will not be given any amount of raise especially in a widespread inflation crisis thus people earning in fixed income suffer. When there is chronic inflation and the people's wage remains the same, people will not be able to buy supplies that will sustain their daily needs.
The two scholars contended that human behavior is not consistent as laymen and professional psychologists views it. They argued that research shows that behavior is not consistent. This inconsistency according to them is consistent and therefore can be used to predict human behavior.
Venetian explorer, Marco Polo, told his cellmate during his imprisonment after the Venetian-Genoese War about his travels to the Far East. These accounts became a book , later entitled "The Travels of Marco Polo" which was influential in sparking people's curiosity of the East.
The first impact was that Marco Polo was able to bring elements of Western culture to the East and Eastern culture back to the West. Because of his exploration Indonesia, Mongolia, Sri Lanka, and India, China began to experience Western culture.
Next, Marco Polo's interactions with Mongolian emperor Kublai Khan led to commercial exchange with Western merchants who were now arriving in China. This increased Chinese's growth as a civilization.
The Silk Road, an easier route to travel around the Gobi Desert, traced by the Polos had a huge effect in the future of European and Chinese interaction. It would prove to be a more effective route than to sail the oceans to China.
Answer:
Probably your second option, Technology is applying scientific knowledge to find answers- Hope this helps!
Explanation:
Paypal i think it would also be under online pay systems
