Secular Deflation

question 261

Multiple Choice

Secular deflation

• A) has been a serious problem during the last three decades in the United States.
• B) although present, has not been a problem during the last three decades in the United States.
• C) has not been present in the United States since 1960.
• D) cannot exist in a capitalistic economy.

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Definitions:

Fort Henry

A historical military fortification in Kingston, Ontario, Canada, originally built during the War of 1812 to protect the British-Canadian border from potential American attacks.

Gettysburg

A historic town in Pennsylvania, known as the site of a pivotal Civil War battle in 1863 and Abraham Lincoln's Gettysburg Address.

Emancipation Proclamation

A presidential decree issued by Abraham Lincoln on January 1, 1863, declaring the freedom of all slaves in Confederate territory, marking a pivotal moment in the United States Civil War.

Union Army

The army that represented the Northern states of the United States during the American Civil War.