Answer:
Alexander the great
Explanation:
Alexander the Great because Alexander had built an empire that stretched fromGreece all the way to India. That brief but thorough empire-building campaign changed the world: It spread Greek ideas and culture from the Eastern Mediterranean to Asia. Historians call this era the “Hellenistic period.”
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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Here is what Hoover did plan to end the depression:
1. Use of volunteerism to create economic solutions at the state and local level (no federal restrictions or use of money)
**indirect relief to those that were jobless
**price stabilization by businesses
2. Create government organizations to facilitate economic help and communicate between labor and corporations.
3. Indirect aid to banks and public works projects (like Hoover Dam)
