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likoan [24]
3 years ago
9

In the last grievance of the declaration of independence what does "He has excited domestic" mean?

History
1 answer:
ipn [44]3 years ago
6 0

Answer:

Explanation:

You can't understand this grievance without the next word. It is a very famous part of the declaration. The next word is violence.

Now read your quotation.

He has excited domestic violence ... Jefferson meant that George has done nothing good as far as America is concerned.  

In other words, he has made Americans (who at the time were British Subjects) enemies the inhabitants of those already there on the frontiers.

excited means make people act.

domestic means those living in America or the citizens of any country. Domestic is an adjective describing the kind of violence that flooded the country. It means setting one citizen against another citizen (in this case).

This grievance goes on to state that George has encouraged North American Indians to follow their traditions of mercilessly killing every citizen regardless of state, gender or age.

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Boom times can cause inflation, as everyone is making and spending a lot of money, so prices and inflation goes up. In times like these central banks usually increase interest rates to curb spending and thus bring down inflation. By raising interest rates the central bank is increasing the cost of borrowing money. So with high prices and a higher cost to borrowing money, most people start reducing their spending. When this happens businesses sell less stock and have increased costs (due to higher interest rates) so have to lay off staff or reduce their hours at work, so people will have even less money to spend. This causes prices to fall and reduces inflation and can result in a recession. At this point in time central banks start reducing interest rates to make the cost of borrowing money cheaper and stimulate people to start spending again. And so the cycle continues. The result in this case is that inflation itself didn't kerb demand, but was helped along by the central bank rising interest rates.

Another reason causing inflation can be a restriction on the supply of certain goods or services. An example we went through about 2 years ago was when floods caused banana crops up in Northern Australia to be devastated. This caused a lack of supply in bananas for almost a year across Australia. The normal price for bananas here is between $1 to $3 per kg. During this period banana prices skyrocketed up to $14 per kg. The result: very few were buying bananas. So the increase in price here caused a reduction in demand directly.

Hope I did not make it complated enough,

Hope this helps

Please give me Brainliest

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