Answer:
It was basically a way of payment to come to America. They would put in very hard work for the next 7 YEARS in order to pay for just one ticket on the ship from Europe.
When people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.
<h3>What is demand-pull inflation?</h3>
Demand-pull inflation is a monetary phenomenon where demand exceeds supply and increases prices.
- When the prices of raw materials/labor increase, it leads to an increase in the costs of production and results in higher prices for the consumers.
In conclusion, when people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.
Learn more about demand-pull inflation here:
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Answer:
Capital resources are things that make work easier. Examples of capital resource are machines, factories, tools, and buildings. Whenever a company buys one of these things, they are INVESTING in their business.
Answer:
US political parties
Today, America is a multi-party system. The Democratic Party and the Republican Party are the most powerful. Yet other parties, such as the Reform, Libertarian, Socialist, Natural Law, Constitution, and Green Parties can promote candidates in a presidential election.
Explanation:
