Answer:
The most devastating impact of the Great Depression was human suffering. In a short period of time, world output and standards of living dropped precipitously. As much as one-fourth of the labour force in industrialized countries was unable to find work in the early 1930s.
Explanation:
<span>One of the leading journals promoting the philosophy of the Era of Good Feelings was Niles Weekly Register, founded in 1811. Hezekiah Niles believed strongly in the American national purpose and his publication, supported entirely by subscriptions and carrying no advertising, was highly influential at the time. </span>
Answer:
religious freedom
Explanation:
The Puritans were persecuted in England by King James I and King Charles I in the 17th century
The correct answer is:
Option A) Production begins to fall
Option D) Interest rates increase
Option E) Purchasing power falls.
Inflation is describes the rise in the prices of goods and services in an economy. While rising prices might seem like a bad thing, slight inflation is actually encourage by economic experts. An inflation of 1-2% is deemed resonable and sustainable.
However, if the inflation rate prices from more than 4% in a year, it means that people will have less purchasing power and would be able to buy less. This would impact production as well.
The opposite of inflation is deflation and is also considered harmful for the economcy.
