Answer: Rising costs in housing, food, and utilities will likely have a negative impact on a family's standard of living.
Explanation:
Inflation is a general rise in prices of goods and services in a country. If a country suffers from high inflation, goods and services will see their prices rise even more.
More often than not, people's wages do not rise as inflation rises or at least not at the same rate. This means that families will be unable to keep buying the goods they were normally able to buy as they can no longer afford it. Switching to inferior goods or neglecting to buy those goods anymore will have a negative impact on the standards of living of the families.
Fordney-McCumber Tariff was imposed on American importations. Native Americans could not buy foreign products and resorted to purchase domestic products.
After World War I, situation of Europe was tragic. France and England emerged triumphant but they borrowed heavily from American banks in order to finance their war effort. Germany already in shambles as it lost huge money as restitution charges which hit the economy of the country. This global economic situation was the base for levying Fordney Mc Cumber Tariff on imports.
As the import tariff was high Europeans could not sell their goods in America. This obstructed England, Europe and Germany’ ability to pay off the war debts. England Europe desired to sell their products in America in order to receive the US Dollars with which they intended to pay off the American banks, but this tariff made it difficult.
Hence, France increased tariffs on mechanization and other world economies increased the tariffs on their products which had a drastic impact on American economy.
Answer:
He was a Russian revolutionary, politician, and political theorist
Explanation:
Lenin rejected the premise of the agrarian-socialist argument, but was influenced by agrarian-socialists like Pyotr Tkachev and Sergei Nechaev, and befriended several Narodniks.
Answer:
False.
Explanation:
The Red Army eventually came out victorious in 1919, defeating the White Forces of South Russia in Ukraine and the army led by Admiral Alexander Kolchak to the east in Siberia.
Answer:
!701, Jethro Tull
Explanation:
He invented the seed drill which allowed farmers to sow seeds in well spaced rows a t specific depths.