Answer:
they fought for North America and there rich fur trade
stagflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment, and vice versa.
If the demand will remain the same for the certain period of time then the supply decreases. The price will spike because the product has the less demand. <span> As supply increases, prices will move lower because the product is readily available. </span>