Why is $1,000 in five years worth less than $1,000 today?

Advanced Placement (AP)

2 answers:

ser-zykov [4K]3 years ago

4 0

Answer:

inflation as prices go up. salary

never [62]3 years ago

3 0

Answer:

inflation

Explanation:

As a country prints more money the buying power of the money decreases because their is simply more of it. It's like apples, the more apples in a community the less valuable each individual apple becomes because they are less rare than the year before, same goes for the amount of money in a country. The more money in a country, the less valuable it is because it is no longer as rare.

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Evaluate the extent to which railroads affected the process of empire-building in Afro-Eurasia between 1860 and 1918.

liq [111]

Answer with Explanation:

"Railroads" played a vital role regarding empire-building in Afro-Eurasia. They became essential especially during the "Age of New Imperialism" (1870s). It aided the locomotion that was needed for great empires. Europe became more powerful because the railroads, together with money, allowed them to control other countries, especially the agrarian ones.

It allowed them to gain control of other nation's natural resources as well. One example of this are the "trunk lines" which connect the commercial centers with the seaports in Africa. This allowed the gold fields and diamond fields to be directly connected to the port. This were then destined to the factories and markets in Europe. The railways (locomotives) also extended to other areas including Asia such as China, Thailand, India, etc.