Answer:
There was great wealth in the South, but it was primarily tied up in the slave economy. In 1860, the economic value of slaves in the United States exceeded the invested value of all of the nation's railroads, factories, and banks combined. On the eve of the Civil War, cotton prices were at an all-time high.
Explanation:
The Civil War benefited the Northern economy, but it left the Southern economy in absolutely terrible condition. ... The North had a more industrialized economy and therefore benefited from the railroad boom and the manufacturing of wartime products.
The Answer is C. The "child" is asking their "dad" to buy a bond
Answer: mostly interest on loans, and overcharge fees and late fees on credit cards.
Explanation:
Criminal mastermind behind the 9/11 attacks, was assassinated by Seal Team six in 2011<span />
The correct answer is:
Option A) Production begins to fall
Option D) Interest rates increase
Option E) Purchasing power falls.
Inflation is describes the rise in the prices of goods and services in an economy. While rising prices might seem like a bad thing, slight inflation is actually encourage by economic experts. An inflation of 1-2% is deemed resonable and sustainable.
However, if the inflation rate prices from more than 4% in a year, it means that people will have less purchasing power and would be able to buy less. This would impact production as well.
The opposite of inflation is deflation and is also considered harmful for the economcy.
