Question

Imagine that you are living in the newly formed U.S. Inflation is high. The value of money is decreasing, and prices are rising. You have been asked by the federal government to come up with a solution to this issue. In the space provided, create a plan that would help to solve the issue of inflation. Support your plan with details and evidence from the lesson.

Answer 1

Answer:

According to the period provided, last years of VXII century, the best strategies to low the inflation rate and keep the prices balanced are:

1. Limit the currency issue. This is the first plan to implement as this keeps the inflation and the prices in range.

2. Also, look for alternative markets, like some European neutral nations like Portugal, Italy, Netherlands. Also, explore trade options like Japan, Siam and China to export primary goods and increment the loans and credits for those imported products that could increase the price of internal market.

Explanation:

Answer 2

1 stop printing money
2 trade with China instead of a trade war
3 strength military