Protests against the Vietnam war
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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Hi there!
Northerns who descended upon the South to take control of the government were called...
C. Carpetbaggers
Carpetbaggers were northerners who could fit everything they owned into a carpet bag and move to the South in order to take advantage of the many opportunities that would open up.
B. It was the first time for many in working a factory
