1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dexar [7]
3 years ago
8

The large amounts of government spending on the Vietnam War and the Great Society led to inflation for American citizens. Inflat

ion is a situation where money loses some of its purchasing power. The United States government uses an economic measurement known as the Consumer Price Index to measure changes in prices for common consumer products. Consider the following table that highlights changes in prices during the 1960s: Inflation During the Vietnam War Period, 1960 to 1971 Year Change in Consumer Price Index, December to December, Unadjusted Change in CPI, Year-to-Year, Adjusted Change in Producer Price Index, December to December, Unadjusted Change in PPI, Year-to-Year, Adjusted Annual Change in GNP Implicit Price Deflator 1960 1.5 1.6 1.8 0.8 1.6 1961 0.7 1.0 −0.5 0.0 0.9 1962 1.2 1.1 0.1 0.3 1.8 1963 1.6 1.2 −0.2 −0.3 1.5 1964 1.2 1.3 0.5 0.4 1.5 1965 1.9 1.7 3.3 1.7 2.2 1966 3.4 2.9 2.2 3.2 3.2 1967 3.0 2.9 1.6 1.2 3.0 1968 4.7 4.2 3.1 2.8 4.4 1969 6.1 5.4 4.8 3.7 5.1 1970 5.5 5.9 2.2 3.5 5.4 1971 3.4 4.3 3.2 3.1 5.0 Source: Economic Report of the President, 1982: 237, 295, 302 Answer the following questions. Use the chart if needed. What year saw the greatest increase in the adjusted CPI? What might account for the greater increases in adjusted CPI in the late 1960s compared to the mid-1960s? Why might inflation be bad for American consumers?
History
2 answers:
tia_tia [17]3 years ago
7 0

1. What year saw the greatest increase in the adjusted CPI?

The adjusted CPI had its largest increase in 1973, having an 11.04% rate of inflation.

2. What might account for the greater increases in adjusted CPI in the late 1960s compared to the mid-1960s?

The late 1960's increase in inflation was due to the increase of taxes, increase the issuance of currency and cutting public expenditures, in the Lyndon B Johnson government, in order they could meet the military expenses they where having at that moment thanks to the Vietnam war.

3 - Why might inflation be bad for American consumers?

If there is an increase in inflation but not in salary, the amount of earnings will not be powerful enough overtime, which means American consumers would be needing more money to satisfy their daily requirements.




pochemuha3 years ago
7 0

1970

Increased involvement in the Vietnam War, Great Society programs fully in effect.

Consumers lose purchasing power with inflation forcing them to buy less.

You might be interested in
How did Secession led to the outbreak of the Civil War?
lora16 [44]
Southern states led to the establishment of the confederacy & ultimately the Civil War. it was the most serious movement in the us and was defeated while the union armies defected the Confederate armies in the civil was, in the year 1861-1865

4 0
3 years ago
What crime is Anthony accused of doing? How is her description connected to the Constitution? in On Women’s Right to Suffrage
Thepotemich [5.8K]

Answer:

  • Susan B. Anthony was found guilty of violating the Enforcement Act of 1870 and New York law by illegally voting, and fined $100. The right to a jury trial exists only when there is a disputed fact, not when there is an issue of law.
  • Susan B. Anthony was a pioneer crusader for women's suffrage in the United States. She was president (1892–1900) of the National Woman Suffrage Association. Her work helped pave the way for the Nineteenth Amendment (1920) to the Constitution, giving women the right to vote.
  • After her indictment, Anthony gave her famous On Womens Right to Vote speech.  In the speech, Anthony invoked the preamble to the U.S. Constitution, pointing out that it addresses We, the people, and not We, the male citizens. She argued that those countries that denied women the right to vote were oligarchies.

Explanation:

hope it helps!!!!! ;)

8 0
3 years ago
Does roberts agree with the texas state gazette ?
olga_2 [115]

Answer:yes he did agree with the gazzete because of john marshall and because of this he was removed as governer

5 0
2 years ago
Read 2 more answers
Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
QveST [7]

Answer:

The United nations also known as the UN has assisted several people in times of war. The UN have different committees, there's the World Health Organization, International criminal court, the committee dedicated to helping refugees, and many other ones. The representatives from each nation gather in their committees and debate on resolutions to the current crisis. Each committee focuses on a different part of the crisis and helps anyone in need. It has helped with money. But their primary fact is to keep peace world-wide and that why they have 2 olive branches surrounding the earth as a slogan for peace. Olive branches represent peace a world is world wide.

:)

6 0
3 years ago
Chief Joseph:a. advocated greater federal control of Indians. b. wanted freedom for his people, the Nez Percé. c. was at the Lit
aev [14]

Answer:

The correct answer is B. Chief Joseph wanted freedom for his people, the Nez Perce.

Explanation:

Chief Joseph was the leader of the Indian tribe Nez Perce. He was a supporter of peaceful relations with the Americans, but entered the history of the 19th century as one of the greatest military leaders of the Indians of North America.

After the death of his father in 1871, Joseph became a leader. In 1877, the government, under pressure from white settlers and gold miners, decided to evict the remaining Nez Perce in Idaho in the Wallow Valley. The task was entrusted to US Army General Oliver Howard. The general met with Joseph and other Nez Perce leaders in order to try to reach a peaceful settlement. But the negotiations were disrupted by a clash between several young Indians and some white settlers, with both sides suffering losses. Oliver Howard decided to act by force and began to prepare for a war with the Indians, which became known as the Nez Perce War.  

He was defeated, but American military commander  Nelson Miles promised the people of Joseph that they would be returned to Idaho to reserve the tribe, but the US government sent them to the Native American Territory. Chief Joseph traveled to Washington twice and did everything to help his people return to the north.  

In 1897, Chief Joseph observed that white settlers began to settle on the free lands of the Colville Reservation. Local authorities did not pay attention to this, and he went to Washington. In the U.S. capital, he described the situation to President William McKinley and met with Nelson Miles and Oliver Howard, and in the late winter of 1903, Joseph again took a trip east and, accompanied by General Miles, met with President Theodore Roosevelt.

Chief Joseph died on September 21, 1904 at Colville Reservation, and on June 20, 1905 his remains were solemnly reburied.

7 0
3 years ago
Other questions:
  • What did Spain, France, and Russia have in common during the 1500's and 1600's?
    10·2 answers
  • Which best describes a major cause of the Punic Wars
    10·1 answer
  • Write a poem about the Titanic vs. Lusitania (original pls)
    6·1 answer
  • When the temperature of the environment changes, the body temperature of a reptile? (1 point) A. Changes. B. Stays the same. C.
    15·1 answer
  • Please help, I am not good at American Lit.. 20 points 3. How does the pilgrims’ situation change (for better and worst) after t
    7·2 answers
  • Why did the breakup of the ottoman empire disrupt the balance of power in europe
    11·1 answer
  • Which term describes prejudice against Jewish people that convinced many Jews to embrace nationalism? A. Anti-Semitism B. Popula
    5·2 answers
  • Why did hammurabi make a set of laws
    7·2 answers
  • In one or two sentences describe why decisions are based on expected costs and benefits.
    8·1 answer
  • How did the Enlightenment change the way people looked at the world?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!