The Low Rate of Inflation in the 1990s Is Probably

question 265

Multiple Choice

The low rate of inflation in the 1990s is probably due to

• A)the rise of discount stores that minimize distribution costs,thereby holding prices down.
• B)the fact that businesses have become meaner and leaner.
• C)the advent of E-commerce that increased competition and drove prices down.
• D)the flood of imported goods that increased competition with American-made goods.
• E)All of the choices are correct.

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Definitions:

Urban Experiences

The range of activities, interactions, and ways of life that are found or occur within cities.

Political Bosses

Influential leaders who control a political machine or organization, often wielding power through patronage and control of voter loyalty.

Political Machines

Political organizations led by a boss that exert a strong influence on the politics of urban areas by providing services in exchange for votes.

Mass Entertainment

Forms of entertainment designed to appeal and be accessible to a large audience, including movies, television, concerts, and sporting events.