1. 1970 (having an 11.04% rate of inflation)
2. Increased involvement in the Vietnam War, Great Society programs fully in effect.
"The late 1960's increase in inflation was due to the increase of taxes, increase the issuance of currency and cutting public expenditures, in the Lyndon B Johnson government, in order they could meet the military expenses they where having at that moment thanks to the Vietnam war."
3. Consumers lose purchasing power with inflation forcing them to buy less.
"If there is an increase in inflation but not in salary, the amount of earnings will not be powerful enough overtime, which means American consumers would be needing more money to satisfy their daily requirements."
The best and most correct answer among the choices provided by your question is the second choice which is "railroad tracks."
<span>By 1860 the Midwest and the East were united by a network of railroad tracks.</span>
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Andrew Jackson was elected to the U-S Presidency in December 2,1828. He was elected over fellow candidate John Quincy Adams.
Answer:
1. Five
2. American
Explanation:
By 1760 all but FIVE of the 13 AMERICAN colonies were royal colonies.
These five American colonies were Maryland, Pennsylvania, and Delaware which remained proprietary, while the other two in Rhode Island and Connecticut remain the corporate colonies.