1. 1970 (having an 11.04% rate of inflation)
2. Increased involvement in the Vietnam War, Great Society programs fully in effect.
"The late 1960's increase in inflation was due to the increase of taxes, increase the issuance of currency and cutting public expenditures, in the Lyndon B Johnson government, in order they could meet the military expenses they where having at that moment thanks to the Vietnam war."
3. Consumers lose purchasing power with inflation forcing them to buy less.
"If there is an increase in inflation but not in salary, the amount of earnings will not be powerful enough overtime, which means American consumers would be needing more money to satisfy their daily requirements."
I believe the answer is D
Answer: I just need a free answer
Explanation:
Answer:
Explanation:
The words and concepts of Conservatism and Liberalism have changed in meaning since the nineteenth century. Modern conservatives want less government intervention in their lives, which is the exact opposite of what it meant to be a conservative in the nineteenth century. Another term for conservatism in this century is monarchism, as conservatives desired social stability through monarchical rule. Conservatives believed in tradition and hierarchy to govern over a nation. There were three main essential anchors of social harmony: Monarchy, Aristocracy and Church. They did not believe that all men were created equal, and that some men were in fact born greater than others. A nation has to have a wide reach into the lives of its citizens and that each nation was dedicated to increasing the power of the nation. Liberals took another approach to the conservative thought of government intervention in its citizens’ lives. They believed that each individuals had inherent rights and every citizen should be able to work their way up in the social class of the nation. Their goal was complete economic, personal and political freedom. Liberals were made up of primarily the middle class. While the liberals sound like the good guys in the nineteenth century, it is important to keep in mind that they did not believe in giving power to women, the poor nor the uneducated. Conservatism vs Liberalism was a battle between monarchs and the middle class to gain power.
Answer:
the answer is c i believe
Explanation:
