The passage of the Kansas- Nebraska Act
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.
Answer:
he preached mostly in the synagogue of Capernum
Explanation:
but he also was in the Roman Judea by the river Jordan cause he lived in Galilee. if the answer you need is a city, say galilee.
Answer:
TRUE!!
Explanation:
"The Silk Road was an ancient trade route that linked the Western world with the Middle East and Asia. It was a major conduit for trade between the Roman Empire and China and later between medieval European kingdoms and China."
