Answer:
There are three main types of inflation: demand-pull, cost-push, and built-in inflation. Demand-pull inflation occurs when the overall demand for goods or services increases faster than the production capacity of the economy. Cost-push inflation happens as a result of an increase in the cost of production.
Explanation:
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</span><span /></span>an oligarchy is best defined as a government ruled by a small, elite group
Answer:
Queen Elizabeth I in her speech before the battle predicted that they shall have a famous victory over their enemies.
Below is the excerpt of her speech that predicted victory:
<em>"...by your concord in the camp, and your valour in the field, we shall shortly have a famous victory over these enemies of my God, of my kingdom, and of my people."</em>
Explanation:
At last, England won the victory over the Spanish Armada. Their defeat over them brought fame for England and the Queen. The whole of Europe was astonished at the victory such a small island nation could achieve in defense of itself against her enemies.
The success of England's victory was celebrated in various ways. Many lauded Queen Elizabeth I for standing firm for her nation. She shared the glory with her navy and returned thanks to God for divine intervention.
