Read the information in the diagram and answer the question below. During World War I
American farmers export
great quantities of food
and livestock.
After World War I
Demand drops as
European nations recover
from the war.
What did the federal government do to address the situation shown in this diagram?
enacted laws that farmers provide debt relief for individuals
raised tariff rates to reduce the import of foreign agricultural goods
offered farmers subsidies and loans to increase the grain production
formed soil and water conservation districts to modernize agriculture

The price of oil and inflation are connected in a cause and effect relationship, that is, when the price of oil increases, inflation also increases in an economy. this is because, oil is a major input in the economy, that is, it is used for critical purposes such as fueling of vehicles for transportation, for running of industrial generators and machines, for heating homes, etc.for instance, if the price of oil increases in an economy, it will increase the cost of production for those using the oil in their production processes and they will automatically increase the cost of their products in order to offset the extra costs. this leads to general increase in the prices of products in the market and result in inflation.