1. 1970 (having an 11.04% rate of inflation)
2. Increased involvement in the Vietnam War, Great Society programs fully in effect.
"The late 1960's increase in inflation was due to the increase of taxes, increase the issuance of currency and cutting public expenditures, in the Lyndon B Johnson government, in order they could meet the military expenses they where having at that moment thanks to the Vietnam war."
3. Consumers lose purchasing power with inflation forcing them to buy less.
"If there is an increase in inflation but not in salary, the amount of earnings will not be powerful enough overtime, which means American consumers would be needing more money to satisfy their daily requirements."
Answer:the employment rate of a nation also has social consequences
Explanation:
Answer:
Mummification was extremely important to the Egyptians because they believed that when their leaders were mummified they would be protected into the afterlife. They would also put objects in the mummy casket cause they believed that they would take it with them to the afterlife.
