George Washington (February 22, 1732 â December 14, 1799) commanded the Continental Army in American Revolutionary War (1775â1783), and was the first President of the United States, serving from 1789 to 1797.is involvement began as early as 1767, when he first took political stands against the acts of the British Parliament. After the war broke out with the Battles of Lexington and Concord in April 1775, his role became military with his appointment as commander-in-chief of the Continental Army.
Inflation is also very harmful to any economy because the people living in that economy might not survive the situation and this is when you see that an economy is affected and if nothing is done to it, it can cause an economy to collapse.his is not really good in the sense that it shows the economy is stagnant/not growing. This may turn a â¦ way the investors. Mild inflation is basically low rate of inflation around 2% to 3%. Mild inflation shows that an economy is stable and indicates economic growth.
Some of the major effects of inflation are as follows: 1. Effects on Redistribution of Income and Wealth 2. Effects on Production 3.Other Effects! Inflation affects different people differently. This is because of the fall in the value of money.n this way, they may be able to protect themselves from the bad effects of inflation. But the problem is that there is often a time lag between the raising of wages by employees and the rise in prices. So workers lose because by the time wages are raised, the cost of living index may have increased further.