Answer:
Inflation refers to a situation where there is a general increase in prices for the goods and services sold in the market.
Explanation:
This is generally bad for wage and salary workers because the increase in their earning usually outpaced by the increase in prices. Overtime, This will cause a decrease in standard of living because the amount of products that they can afford using their earnings continue to decrease.
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In the early 1900's , a company often provided a company town, a place where the worker could live in the near working location ( usually like a mining location)
The workers usually were lured by the promise of high wage.
But here's the thing, in company town, a source of living usually can only obtained in a company store, and the cost is really high.
So instead of getting a high wage, the workers trapped in huge debt to the company, creating some sort of slavery that they have to work to pay off their debt to the company
Techincally, the company could easily bring those workers to the court ( even though is very cruel, they obtain the debt in a 'legal' way), so basically workers cant do a thing
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Answer:
The colonies fought for their independence and freedom from British rule.
hope this helps :)
