The Inflation of the Sixteenth and Early Seventeenth Centuries

question 61

Multiple Choice

The inflation of the sixteenth and early seventeenth centuries

• A)brought an abrupt halt to commercial expansion.
• B)was the result of too little money in circulation.
• C)caused a decline in the standard of living for wage earners and those on fixed incomes.
• D)was caused largely by a shrinking labor force.
• E)all of the above.

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Definitions:

Federal Government

The federal government is the national level of government that has powers over issues that affect the entire country, including defense, foreign affairs, and currency regulation.

Participation

The act of taking part or being involved in an activity, process, or decision-making.

Representation

The act of speaking or acting on behalf of someone or the depiction of an idea, concept, or individual in a particular way.

Authoritarian

A governing or political system concentrated around a leader or a small elite that does not allow political pluralism, expects absolute obedience, and often restricts individual freedoms.