Answer: Hyperinflation
Explanation:
Hyperinflation is a very high and accelerating inflation. It gradually destroys the real value of the local currency in the country as prices of all goods soar. This results in people minimizing their holdings in the currency and may switch to a more stable foreign currency, such as the United States dollar.
Typically, the general price level increases even more quickly than the supply of money as people try getting rid of the devalued currency quickly.
Hyperinflation is often caused by wars, sociopolitical upheavals or collapse in aggregate supply
Answer;
The new products create many companion products
Explanation;
New products may be defined as any product, service, or idea not currently made or marketed by a company, or which the consumer may perceive as new. New product development is an example of internal strategy in entrepreneurship.
Internal Strategies are strategies for encouraging growth that involve efforts within the company itself.
The dynamics of markets, technology, and competition have brought changes to virtually every market sector and have made new product development one of the most powerful business activities
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B. Europe's population growth is mostly due to immigration.
A local fast food restaurant manager is usually facing an almost perfect competition in demand for high-school employee labor. That of course goes mostly to the benefit of the restaurant, and in lesser measure to the high-school students as well.
The reason for this kind of situation is that the fast food restaurants do not seek any specific working skills or experience. It is also the easiest and most available job that the high-school students can get. The high-school students do not have high demands for their wages, as they use it as a job from which they can collect some spear money, usually for when they go to college. The manager faces a situation where there's labor force in abundance, much more than it is needed, with low demands for wage, and the work will be adequately done.
Cause--Effect:
Passage of the Homestead Act-- allowed many families to purchase land cheaply and set up farms.
Creation of agricultural technology-- new machines such as tractors, plows, and harvesters created greater output at a faster, more efficient pace.
Indian Wars-- the last of the Indian Wars took place on the Plains following the Civil War. By clearing the land and putting the last remaining tribes in reservations, land was available for farming.
