Too much money chasing too few goods is a common way use Early Keynesian theorists developed the balanced budget multiplier, which suggests that an equal increase in government spending and tax revenue will boost aggregate demand<span> by precisely the increase in the amount spent.</span>
The essence of open range was the free grazing of cattle on millions of unfenced acres of public land. It was possible to become wealthy raising cattle without owning any acreage. Although most ranchers owned a base operation, some owned millions of acres. America's open range started with the Civil War [1861-1865].
Answer:
it's economy was thrashed
