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."
Answer:
Egypt divided into three kingdoms, which consist of the Old, the Middle and the New Kingdoms.
Explanation:
The Old kingdom had city-states, the Middle had a royal dynasty, and the New kingdom had cities.
Old Egypt began after Menes united Upper Egypt and Lower Egypt into one to prevent further conflicts and wars. During the Old Kingdom, pyramid and the Great Sphinx build.
The Middle Kingdom flourished through trade and built massive buildings.
It was during the New Kingdom when the Empire conquered most of its territorial lands. Pharaohs launched expeditions and campaigns to seize lands in Kush, Nubia, Israel, Lebanon, and Syria. Egypt during the New kingdom expanded trade and received goods from other regions.
Answer: Choices not shown
Explanation:
<span>Spanish conquistador who conquered the Incas in what is now Peru and founded the city of Lima</span>
