What is inflation mean in history?

an increase in prices and fall in the purchasing value of money.

Explanation:

inflation in history happens when there is a decline of purchase, this effects the money circulation and can cause surplus of items that arent being bought. this is the opposite of a deflation. which caused the stock market to crash and the immediate cause of the great depression.

because people what other people gold

explanation:

for the 2 countries u can do china and america because america has a democratic government while china has a communist government.

a democracy is a government run by the people either by directly voting or indirectly by electing representatives. an oligarchy is a government run by a few or a small group of people. a democracy and oligarchy are similar because both in an oligarchy and an indirect democracy, a small group of induvial determine the laws for a large group of people they are different because in an oligarchy it is easier to control and they do not have to answer to a large number of people in the country, unlike a democracy where they do have to answer to a large number of people an county that is a democracy would be the united states. a country that is an oligarchy would be the china.