The Peloponnesian War was fought between the Athens and Sparta. This was the war that opened a new dimension and reshaped the old Greek World and society. This was the war that destroyed Athens which was the largest Greek empire before the start of the war. This war created a cost rise all across Greece and this resulted in large scale poverty while Athens was never able to regain the prosperity prevalent before the war. This was also the war that gave birth to numerous civil wars across the greek Empire.
Answer: Administrative lag
Explanation:
Administrative lag is defined as the lag of time that occurs between any issue identification and measure take to handle and correct the problem by finding solution.
In terms of economic field, the time required to recognize and realize the change in tax and the time to enact on those modification. This time gap is known as administrative lag.
They elected Jefferson Davis as their president.