It is a political cartoon my Benjamin Franklin targeting the British colonies. The letters above the snake are abbreviated names for these colonies.
an increase in prices and fall in the purchasing value of money.
Explanation:
inflation in history happens when there is a decline of purchase, this effects the money circulation and can cause surplus of items that arent being bought. this is the opposite of a deflation. which caused the stock market to crash and the immediate cause of the great depression.
The British, Chinese, Russian, and all those countries on the other side considered this a “new world” but the natives would have taken offense because it wasn’t actually new, they had been living there for a while.
Hope this helps!!!
We don’t have a lot of history from the natives that were here before the spanish french and english immigrated to the america’s