Answer:
Causes of stagflation in 1970:
1. The increase of oil prices and consequent increase of gasoline prices this phenomenon is known as cost push inflation.
2. Higher level of unemployment
Explanation:
Stagflation is the lethargic economic growth, depicted in factors such as high unemployment, happening while there are high rates of inflation in a given economy.
In 1970 the United States economy experienced stagflation because the oil prices reached historical high prices increases the cost of gasoline as well. As oil is the main raw material for producing gasoline the increase of oil prices caused a cost push inflation.
Usually economist believed that inflation was desirable as it was caused by the increase of demand, which mean that employment was being generated and therefore the need for consuming more goods and services was a logical explanation of the increase in demand. However, during the 70's this increase was the result of an externality (the increase of oil prices). At the same time the levels of unemployment rose in that decade creating the stagflation of the United States Economy.
B
Explanation:
I DONT KNOW IT HAS A TON OF INFO
Answer: the right of the people
Explanation:
No, Pope Urban II did not leave the Crusades. He ordered the first crusade and gave speeches that rallied the men to take back the Holy Land from the Muslims. He called the people to wage war against the Seljuk Muslim Turks saying in one of his rallying speeches "Deus vult!" or "God wills it!" telling them to wage war and take back the Holy Land. Pope Urban II probably had one of the most influential roles in the Crusades, with his speech that rallied the Christian men to fight and take back the Holy Land.
Hope this helps you! (:
-Hamilton1757
Answer:
This imperialism has been experienced as global dominance by colonized countries, and especially by indigenous cultural communities. Ferguson admits that certain institutions (2011), developed and established globally via European colonialism, must be internalized by countries worldwide attempting to gain equal footing in global affairs and financial systems.
