19 h 47 min, 30 août 1919 ans - Inflation
Description:
Inflation increases the cost of living, the cost of housing, food, clothing, and other essentials. In 1919 the prices rose at an average of 15% to try to reduce operating cost. This made business decrease production and lay off workers/decrease wages to increase their profits. This caused a small drop in the economy.Ajouté au bande de temps:
Date:
19 h 47 min, 30 août 1919 ans
Maintenaint
~ Il y a 106 ans