Andrew Jackson lost the election of 1824 because he did not secure a majority of votes in the electoral college and the vote was decided by the House of Representatives. This was unique and was the first time that this had happened in American History.
Inflation is the increase in level of prices in an economy, while deflation is a decrease of the prices.
Inflation has a higher price increase, which means there will be less purchases. Deflation has a lower prices, so the quantity or amount of the item will be out of stock quicker.
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Leif traveled, explored, and sailed to Norway, where King Olaf I converted him to Christianity. Leif was originally from Icelandic Commonwealth which was the state existing in Iceland between the establishment of the Alþingi in 930 and the pledge of fealty to the Norwegian king with the Old Covenant in 1262.
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<u>The term can also be used to refer to trade over bodies of water </u>
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They disliked it with a passion and openly opposed it, often being in wars with western forces. From China who was in war with Britain over colonization, to Korea, Vietnam, Cambodia, Laos, and many others.