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19 h 47 m, 30 ago 1919 ano - Inflation

Descrição:

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.

Adicionado na linha do tempo:

Data:

19 h 47 m, 30 ago 1919 ano
Agora
~ 106 years ago