When people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.
<h3>What is demand-pull inflation?</h3>
Demand-pull inflation is a monetary phenomenon where demand exceeds supply and increases prices.
- When the prices of raw materials/labor increase, it leads to an increase in the costs of production and results in higher prices for the consumers.
In conclusion, when people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.
Learn more about demand-pull inflation here:
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The term used to refer to a type of business organization created in the 19th century that was meant to eventually produce a monopoly is A) Trust.
In economics, Trust is an association between companies or factories which produce the same products, offer the same services or work on the same industry field. And the main goal of this association is to make a national or international monopoly through the use of fixed prices, the ownership of packages of shares that involve control, etc.
The first time this term was used was in 1882 when the Standard Oil Trust took place in The United States.
Explanation:
The Articles of Confederation comprised the United States’ first constitution, lasting from 1776 until 1789. The Articles established a weak central government and placed most powers in the hands of the states.
Under the Articles, the US economy faltered, since the central government lacked the power to enforce tax laws or regulate commerce.
Shays’s Rebellion, an uprising of Revolutionary War veterans in Massachusetts that both the state and national governments struggled to address due to a lack of centralized military power, illustrated the need to create a stronger governing system.
The knights and the samurai shared lot of similarities in their social status and their purpose in the societies. Both of the were protectors of the leader of the country. For their services of protection they were given free pieces of large parcels of land. They were the best warriors in their respective societies, and when there was a battle they were the elite unit that usually was the one that was winning the battle/war. Their only job in the society was to train for battle, and fight in battle.
Answer:
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Explanation:
