Answer:
Inflation: a rise in the prices of most goods and services
Purchasing power: how much a set amount of money can buy
Consumer Price: a rise in the prices of most goods and services
Index: stone that has an index number of 100
Demand-pull: a type of inflation in which "too much money is chasing too few goods"
Cost-push: a type of inflation in which prices are pushed up by costs
Explanation:
According to Bailyn's historical interpretation, American revolution was the result of ideological change rather than economic or social motivation.
Explanation:
He states that it is the ideologies and principles and convictions of Americans which proved to be the impetus of the revolution. He states that this ideological scenario can be categorized in to three phases. Firstly, The colonists felt that a conspiracy free relationship with Britain need to be maintained but Americans started to feel the corruption of British government which were totally contradicting the ideologies of Americans.
This made them to plunge into protests. The second scenario occurred when Articles of confederation was established which highlighted the states rights. This was long debated, as these articles of confederation did not serve the purpose during times of Emergency and the third scenario is when the Americans realized the importance of humans as an important part of society and the founding fathers debated that every human carried a natural right which plays a significant role in framing the constitution.
Heritability is the proportion of this total variation between individuals in a given population due to genetic variation
