Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.
Sagot :
The main reason behind the post-war cash crunch in America was
actually the combination of unemployment and inflation. Both the factors
together led America to the period of cash crunch. It was almost a serial
effect where one incident happened and the other just followed. People lost
their jobs and unemployment increased. This resulted in lower buying power of
the middle class. With inflation price of every commodity rose and this
resulted in further cash crunch. This was together called “stagflation”.
We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.