A decrease in the general level of the prices of goods and services is called deflation.
Explanation:
Deflation is the opposite of inflation and involves a reduction in the money supply, which in turn causes the value of money to increase. This generally causes the general price level to fall.
There is consensus that deflation arising from a reduction in the money supply can be detrimental, while when it is caused by an increase in the amount of goods and services in the economy is seen as positive. Unforeseen deflation benefits those who save money as they become more worthwhile, relative to what they thought it would be if there was no deflation. Conversely, it hurts those who borrowed money. A sharp deflation can create unemployment if the price of work cannot go down, because a lower price level causes the relative price of work to rise. If wages do not fall, companies cannot afford the marginal worker, as their production does not outweigh the increase in wages.
Disinflation is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time.
The North had its share of problems during the U.S Civil War. Late in the war, when victories are few and casualties are high, the Union employed conscription to alleviate manpower shortages. Of course, conscription did not proceed well and it did not sit well with the general public. There is so much evasion and resistance to the draft, leading to violent draft riots in New York.
Mummification was extremely important to the Egyptians because they believed that when their leaders were mummified they would be protected into the afterlife. They would also put objects in the mummy casket cause they believed that they would take it with them to the afterlife.
