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shepuryov [24]
3 years ago
11

What is inflation mean in history?

History
1 answer:
gregori [183]3 years ago
8 0

an increase in prices and fall in the purchasing value of money.

Explanation:

inflation in history happens when there is a decline of purchase, this effects the money circulation and can cause surplus of items that arent being bought. this is the opposite of a deflation. which caused the stock market to crash and the immediate cause of the great depression.

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Why did the United States abandon the gold standard in the 1930s? The government wanted to rapidly expand the money supply in re
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Answer:

In the 1930s, the United States abandoned the gold standard because the government wanted to rapidly expand the money supply in response to the Great Depression.

Explanation:

The Gold Standard monetary system was abandoned during the years after the Great Depression of 1929 to prevent prices and wages from falling in response to a general reduction in global demand, so that adjustments fell on the total amount of employment. Under these conditions, the depreciation of the exchange rate (that is, the abandonment of the pure gold standard) was considered "less painful" (in order to reduce exports). This prevented the reduction of wages, especially since the pressure of the unions imposed this kind of policy in some way. And all this in addition without taking into account that all countries, sooner or later, would adopt the same policy, resort to devaluation, with which the destruction of employment for years was inevitable.

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Answer:

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3 years ago
Which conditions were the same in both the Jamestown and Plymouth colonies?
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Hope this helps :D

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40 POINTS WILL MARK BRAINLIEST!!!
Klio2033 [76]

Answer:

democracy is the best form of government and favor the rule of law, freedom of

expression, and market economies. They ultimately defend that most human

beings would be better off if these practices were universal.

The influence of this liberal tradition has been identified in the American

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