Answer:
A.High-income earners spent less and invested in assets that pushed down prices.
Explanation:
Reagan's policies stressed conservative economic values, starting with his implementation of supply-side economic policies, dubbed as "Reaganomics" by both supporters and detractors. His policies also included the largest tax cut in American history as well as increased defense spending as part of his Soviet strategy.
Answer:
Peter the Great is one of the greatest rulers in Russian history. He brought new ideas to Russia - opened new schools, ordered nobles to adopt western way of clothing, gave certain rights to women in society, introduced foreign languages, beautified St. Petersburg to look like western capitals.
Explanation:
It is hard to mention all of the things that Peter did to strengthen his authority, but also to modernize the country. He is regarded as the ruler who totally changed the course of Russian policy, and was even seen as someone who introduced Russia as a great European force.
The Emancipation Proclamation helped prevent the involvement of foreign nations in the Civil War because most Europeans were against the institution of slavery. Britain and France had considered supporting the Confederacy in order to expand their influence in the Western Hemisphere but failed to do so because the South supported slavery
Answer:
1. Average annual income of 5000 guilders
2. the rarest tulip bulbs traded for as much as six times the average person's annual salary
3. When a currency's purchasing power decreases due to excessive inflation, serious negative economic consequences arise, including rising costs of goods and services contributing to a high cost of living, as well as high interest rates that affect the global market, and falling credit ratings as a result.
Explanation:
A number of factors contributed to the conditions that caused Tulip Mania. To start, the coin debasement crisis of the 1620s was followed by a period of prosperity in the 1630s. This prosperity coincided with an outbreak of the plague, which caused a labor shortage and increased real wages and surplus income.