The government keeps records so we can know, when we need, about the history of our country and its individuals.
Our government also ensures law enforcement by hiring the right people to represent and keep the law and the structures of our society running.
The government also assures us that we can change governors or keep them by voting if we are satisfied or unsatisfied with them.
The government also has the obligation to provide public services to make our lives and specially the lives of the less fortunate easier with the tax money that we pay with our hard work.
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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The level of immigration between 1930 and 1945 is most directly related to the Great Depression and World War ll. Due to the poor economy with little opportunity for better living standards, very few people were willing to immigrate to the USA.
B. Emancipation proclamation
