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7 May, 12:13

Which of the following has the biggest impact on consumer goods during war times?

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  1. 7 May, 14:07
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    Full question:

    Which of the following has the biggest impact on consumer goods during war times?

    a. Consumers deferring purchases in hopes of a better deal

    b. High interest rates

    c. Low inflation

    d. High inflation

    Answer:

    The biggest impact on consumer goods during war times was High inflation

    Explanation:

    Inflation raised during or as an immediate outcome of these struggles of stock markets endured dull subsequent termination of the war. The government demanded to execute price and wage restrictions in acknowledgment of inflation which had risen due to the extra inducement that was generated by government spending.

    Distinctly, both using and financing continued building subsequent the war; nevertheless, the growth was beneath the course rate before the war. Prices, influenced by the rate of inflation, commonly affect consumer spending on goods significantly.
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