Answer:
Actually, an increase in inflation is likely to mean a rise in the cost of raw materials. Perhaps, workers are likely to demand higher wages to cover or cope with the higher cost of daily living. This rise in prices can also cause greater volatility and uncertainty. With firms uncertain about future costs, they may hold back from making investment decisions. Firms generally prefer a low and stable inflation rate. Also, with a inflation rate, firms may expect rising interest rates, which will increase cost of borrowing – another reason to hold back on investment. With higher inflation, firms may face menu costs (the cost of changing and updating prices). However, with modern technology this cost has diminished in importance – as it is easier for firms to update prices automatically.
Explanation:
At 11pm Trans-Baikal time on August 8, 1945, Soviet foreign minister Molotov informed Japanese<span> ambassador Satō that the Soviet Union had </span>declared war<span> on the Empire of </span>Japan<span>, and that from August 9 the Soviet Government would consider itself to be at </span>war<span> with </span><span>Japan
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Spain and Portugal, when they were still ruled by kings
Both the Pequot War and King Philip's War were the conflicts between the colonists and the Natives, which resulted in a harsh defeat of Native American tribes and even their extinction.
Explanation:
- Pequot war ended with the complete defeat of the Pequots, who before the war were the most significant Indigenous people of New England.
- After the war, the colonial authorities declared them extinct. Some of the survivors remained in a area, but as part of other Indigenous peoples, above all Mohigans.
- Due to the abduction of Native American lands, the Wampanoag and Narragansett tribes rose up against the New England colonists, under the leadership of Metacomet, who proclaimed himself King Philip.
- Although many English settlements were ravaged, the Indians were defeated, most of Narragansett was destroyed and the uprising leader killed. It was the last major attempt at resistance by Native Americans in Rhode Island.
Class: History
Level: Middle school
Keywords: Pequot war, King Philip's war
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