0
One key limitation that hindered Congress's ability to combat inflation effectively is the lack of unified economic policy and coordination among lawmakers. Disagreements over fiscal measures, such as government spending and tax policies, often stymied timely action. Additionally, external factors like global supply chain disruptions and rising energy costs complicated domestic policy responses, making it challenging for Congress to implement effective inflation control measures.
What else can I help you with?
Why was the Confederation Congress unable to solve America's economic problems?
they wanted to leave
What is structural inflation?
Structural inflation refers to a sustained increase in the general price level of goods and services in an economy due to underlying structural factors such as supply chain disruptions, changes in production costs, or shifts in consumer preferences. Unlike temporary inflation caused by short-term factors like fluctuations in demand or supply shocks, structural inflation is more persistent and can be harder to reverse. Policymakers often need to address structural inflation through long-term measures such as improving productivity, enhancing competition, or adjusting fiscal and monetary policies.
Why is the government unable to print an unlimited supply of bank notes?
The governments money is tied to the economic and actual weath of the country. If the government did print unlimited money this would de-value the money and make it worth less. This leads to hyper-inflation as is being witnessed in Zimbabwe and what was witnessed in Germany after the wall street crash.
Was ''The Great Depression'' an economic problem?
Poverty, starvation, inflation, unemployment rates skyrocketed, citizens were unable to pay mortgages and debt, and less money wasin circulation because people were hoarding it because they were fearful of banks.
What might happen if an economy is unable to produce wanted goods and services?
If an economy is unable to produce wanted goods and services, it may face shortages that lead to increased prices and inflation. Consumer dissatisfaction could rise, leading to decreased demand and potential social unrest. Additionally, businesses may struggle to survive without sufficient sales, resulting in layoffs and higher unemployment rates. Overall, this situation could hinder economic growth and stability, causing long-term detrimental effects.
What caused problems with the economy after the Revolutionary war.?
Mounting debts to pay for the war and Congress being unable to collect taxes directly.
Why was the Confederation Congress unable to control inflation?
The Confederation Congress struggled to control inflation primarily due to its lack of taxing power and reliance on state contributions for funding, which were often insufficient. Additionally, the issuance of paper currency without backing by gold or silver led to a devaluation of money, exacerbating inflation. The absence of a strong central authority to regulate commerce and the economy further hindered effective monetary policy. As a result, the Confederation Congress faced significant challenges in stabilizing the economy during and after the Revolutionary War.
What the answer of unable?
The term "unable" means lacking the ability, capacity, or means to do something. It indicates a state of incapacity or limitation in performing a task or action. For example, if someone is unable to attend an event, it means they cannot go for some reason.
Is there a statute of limitation for collecting inheritance money in LA?
There is a statute of limitation of the person is aware that the money is there and is never collected. If the person who stands to inherit is unaware, it is the state is unable to keep that money until the person is informed.
In what way is energy unable to transfer directly?
Energy is unable to transfer directly in the form of heat between two objects that are not in physical contact with each other.
How do Inflation affect the economy?
It has rendered our youth to be unable to learn the proper use of the English language. *Troll face*
How can the president inform congress that he is unable to perform the duties of the presidency?
write thema letter
Why was roosevelt unable to convince a democratic congress to support his court proposal?
Hobos in the street
The articles of confederation left congress unable to?
The congress of the confederation could not tax. The could request tax, but they had no authority. The government went into debt.
What are two things congress could not do under the articles of confederation?
congress didn't have the power to tax directly, regulate interstate trade, tax, form military, and finally they couldn't be changed easily.
Legislative body formed by articles of of confederation but unable to provide strong central leadership?
Congress was it.
What are the human limitation?
humans are unable to see things that are too small, walk long distance and hear somethin too soft or too far away.
