However there were certain types of products that people would continue to buy even if there was inflation. Explain how inflation would impact sellers of elastic and inelastic goods. Incorporate the concept of elasticity in your answer.

the expansion of the rule of empires over other territories took place as a result of several reasons including economic, ethnocentric, political, and religious, and exploratory purposes.

in terms of economic purposes: imperial governments aimed to maximize profits and with that purpose they neeeded cheap labor, access to or control of markets to sell or buy products. they also desired to find natural resources (precious metals and land). in the awake of   industrial revolution, dependent colonies provided the necessary raw materials that european factories and market needed to manufacture products.  

ethnocentric: many territories were conquered by imperial territories in an attempt to spread their cultures, values and belief as they considered them to be superior. in the late 19th century, for example, european powers held   the racist belief that inferior races should be conquered in order to “civilize” them.

political: another reason that drove conquer and expansion was patriotism and growing imperial power. it refers to national prestige, pride, and security. empires sought strategic territory to ensure access for their navies and armies around the world.

religious: the aim of converting new member of other religions was another factor that prompted expansion.   christian missionaries from europe established churches in conquered territories during the nineteenth century. thus, they spread western cultural values. furthermore, the imperial nation’s language was spread as well, through educational and religious interactions.

exploratory: imperial nations or their citizens aimed to explore territory that was unknown to them,   for different purposes including medical or scientific research, however, at the very   beginning, they did it to embark on adventure. furthermore, imperial explorers sought to discover, map, and claim territory before their imperial competition did, for national and personal glory as well as to realize the imperialist goal of expansion.

the triple alliance. germany and austria-hungary were already allies by 1879 when, worried about a threat from russia, they formed the dual alliance. italy joined the group in 1882. there was a concern about a possible attack from france and the alliance needed powerful friends to defend it.

the emancipation proclamation was the aim of the war change to include the freeing of slaves in addition to preserving the union. the 13th amendment, which abolished slavery in the u.s. was passed on december 6th 1865.

as promised, lincoln waited to unveil the proclamation until he could do so with success from the union military advance. on september 22nd 1862, after a victory at antietam, he publicly announced a preliminary emancipation proclamation, declaring all slaves free in the rebellious states as of january 1st 1863.

roosevelt essentially took the opposite approach as hoover in taking on the great depression. herbert hoover thought that america and its economy could naturally recover from the depression in due course, so he adamantly restrained the federal government from intervening on behalf of the people affected. on the other hand, roosevelt dramatically increased employment by expanding the federal government and establishing agencies that would aid in relieving some of the country's worst problems.