Answer: Inflation is the increase of the general price levels on goods over a period of time. It occurs when the production of goods can't meet consumer demand so, services increase to outstrip the supply.
Explanation:
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The most likely reason that the United Kingdom has the largest shipping losses is that of the fact that the United Kingdom had the largest navy and because of this, the aforementioned fact also led to the increase in losses of the shipping of the United Kingdom.
CFPB is your answer for this question
Eli Whitney <span>revolutionized the production of cotton by greatly speeding up the process of removing seeds from cotton fiber. Hope this helps!</span>
