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What is a major problem for businesses during a period of chronic inflation?
Wiki User
∙ 13y ago
It is a simple reason. Chronic inflation causes price rise across the board, all commodities affected. From the housewife buying vegetables to the jewelers, businessmen and everyone else using fuel.
What also happens during chronic inflation situations is the government raises the interest rates. So while prices of all goods have gotten expensive so had the cost of borrowing.
A difficult time for everyone.
Btw the way, the government raises interest rates to curb the cash flow fueling the high prices. So if the cash flow decreased then prices will fall.
Wiki User
∙ 13y ago
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What caused the Northern Businesses to suffer during the war?
Inflation made supplies more expensive.
What is a reason why Northern businesses suffered during the war?
Inflation made supplies more expensive ~APEX~
What reasons caused the northern businesses to suffer during the war?
Inflation made supplies more expensive
What of the reasons caused northern businesses to suffer during the war?
Inflation made supplies more expensive (Apex)
What problem did inflation cause during the revolution?
Inflation during the Revolutionary War led to profiteering. Profiteering is when someone makes what is considered an unfair or excessive profit.
Was inflation a big problem during the revolutionary war?
Inflation was a big problem for Americans during the Revolution
What caused northern businesses to suffer during war?
Inflation made supplies more expensive.
What caused the Northern Businesses to suffer during the war?
Inflation made supplies more expensive.
Was inflation a big problem during revolution war?
helllo evrybody
What is a reason why Northern businesses suffered during the war?
Inflation made supplies more expensive ~APEX~
What reasons caused the northern businesses to suffer during the war?
Inflation made supplies more expensive
What of the reasons caused northern businesses to suffer during the war?
Inflation made supplies more expensive (Apex)
What economic problem in the 1970s became much less significant during the Reagan years?
Inflation
What problem did inflation cause during the revolution?
Inflation during the Revolutionary War led to profiteering. Profiteering is when someone makes what is considered an unfair or excessive profit.
What caused northern businesses to suffer during the Civil war?
Inflation made supplies more expensive than they had been.
Did Gerald Ford end inflation during his administration?
He tried with voluntary program called WIN ( whip inflation now.). However, inflation remained a problem and did not improve under Jimmy Carter, the next President.
What did the WIN buttons stand for?
During the Ford administration, inflation was seen as a looming financial problem to the US economy. A program was started to Whip Inflation Now- had popular buttons, but not much else.
