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Question
what does the term profiteering refer to during the revolutionary war? a. printing money for the continental army b. selling scarce items at inflated prices c. the act of signing up to join the continental army d. mapping out profitable trade routes
Profiteering refers to taking advantage of a situation, such as a war - time scarcity, to make excessive profits. During the Revolutionary War, selling scarce items at inflated prices is an example of profiteering. Printing money is related to monetary policy, signing up for the army is enlistment, and mapping trade routes is exploration - related.
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B. Selling scarce items at inflated prices