Answer:
Inflation rose to 10%
Explanation:
The Roaring Twenties was a period of economic boom and prosperity in the United States of America and Europe. This was just after the World War I that ended in 1918.
An indicator of prosperity in the 1920s includes the following;
I. Unemployment was 3.7: an unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The lower the rate of unemployment, the higher the employed rate and vice-versa.
II. Wages was up: this simply means that the minimum amount of money (wages) received by the employees increased.
III. GDP rose: Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
However, an inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
This ultimately implies that, inflation can never be an indication of prosperity in any country's economy.
The Freedmen's Bureau was the agency created by the U.S congress, it was used to help poor people, and to give them supplies. This was done so that the result would be healthy people that would contribute to the economy.
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protection from cruel and unusual punishment
Explanation: In america, no. The treaty of versailles contributed to the crash in germany, and while the argument could be made that the global economies are intertwined, it isnt to that extent today. The main causes was countries were not as likely to trade food and weapons to each other if they knew it was going to be used against them so trade in europe fell off. The US was involved at the begining of the water with the relief for belgium and the monetary support to britain at the begining, but they werent trading as much as they used to be. The war ended and was very expensive, so the US was poorer. The stock market crash happened because production was down and the unemployment rates were increasing and the stocks were being sold at a way higher price then they should have. With the debt and the agriculture industry collapsing, the market crashed.
Countries’ economies are similar because they all must answer the questions of what to produce and how to produce it based on the resources they have.
<h3>How to determine what to produce?</h3>
The question of what to produce is a general question in all countries, because what is produced will in turn determine what is sold out.
Each country must identify their key resources and produce goods and services based on the available resources this will give them a edge when it comes to sale.
Therefore, Countries’ economies are similar because they all must answer the questions of what to produce and how to produce it based on the resources they have.
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