One reason: Plowing large areas of land
A few more reasons: poor farming practices, farmers would loosen up the soil, and the land was deforested, making it loose the roots that held the soil in place.
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:
brainly.com/question/22872023
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Answer:
Ethiopia was the only African nation that successfully resisted against the Europeans. Its victory was due to one man- Menelik II.
Explanation:
The correct answer is <span>increased due to decreasing tax rates for the wealthy and stagnating salaries for the middle class
Most of the wages have only slightly increased while the earnings and wealth of the upper class and the big elites had increased drastically because of many tax cuts. People believed that through tax cuts the people would get more money because the companies could give them higher salaries, but it backfired as big companies hoarded extra money.</span>
