Answer:
was a United States sectional political crisis in 1832–33,
Explanation:
during the presidency of Andrew Jackson, which involved a confrontation between the state of South Carolina and the federal government. It ensued after South Carolina declared that the federal Tariffs of 1828 and 1832 were unconstitutional and therefore null and void within the sovereign boundaries of the state.
I think the statement is true. The price revolution did caused increased global capitalism and inflation.<span> The </span>price revolution<span> refers most specifically to the high rate of inflation that occurred during this period across Western Europe. Hope this answers the question.</span>