What happened during the flagflation?

Answer 1

The term "flagflation" refers to a phenomenon experienced in various countries where national flags are prominently displayed as a response to economic distress or social unrest, often symbolizing national pride or unity during challenging times. This trend became particularly notable during periods of economic hardship or significant political events, where the display of flags served as a rallying point for citizens. It can also reflect a reaction against globalization or external influences perceived as threatening to national sovereignty. Ultimately, flagflation highlights the intersection of national identity and economic conditions.