The story of America begin in 1492 with the arrival of Christopher Columbus who was an Italian explorer. Before 1492, the america is a place where the culture of the native people progress and free from the European contact and their conflict. With the discovery of America made by Christopher Columbus, the Italian started colonizing in these areas due to attaining resources such as gold, silver and other valuable products.
The Gilded Age” is the term used to describe the tumultuous years between the Civil War and During this era, America became more prosperous and saw corrupt industrialists, bankers and politicians enjoyed extraordinary wealth This enormous railroad expansion resulted in rail companies
The correct answer is the first option: one consequence of stagflation is that the economy drastically slows down as money loses its buying power.
Stagflation is known as an economic problem that occurs when there are rising inflation and unemployment which causes money to lose its original value. Thus, spending declines and loses its buying power too.
