Answered

Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

What was a key reason for the post-war cash crunch in America?

Sagot :

taskmasters
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”. 


dylanstaton2011

Answer:

PLATO users answer is C

Explanation:

We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.