The industrial revolution lead to major economic changes and growth. Due to the rise of new technology, many job opportunities were available. Immigrants especially those who were entering the US during the 1800's, were able to find work on railroads. Eventually as more modern day technology was proposed to society, individuals were able to benefit in their work field and at home. For example the light bulb, allowed homes to run with electricity and the telephone made long distance communication much simpler. These new inventions allowed the nation to develop a stronger military and navy, which improves the nations economy during times of war.
The correct answer is:
C) Reduce the money supply
One method of having control of inflation is by a contractionary monetary policy. A contractionary policy reduces the money supply within an economy by decreasing bond prices and increasing interest rates. This helps reduce spending because when there is less money to go around, those who have money want to keep it and save it, instead of spending it.
Answer:
tak
Explanation:
używany tłumacz goo gle przepraszam, jeśli jest źle