Answer :

Effect of food shortages caused by inflation is shown in the given image as people can be seen protesting (bread riots) outside a bakery due to hunger.

More about bread riots:

The image depicts the bread riots that took place in the Southern region of the United States in 1863, which were started by women who stole bread and other food items from stores and warehouses as a result of rising food prices brought on by a number of factors.

It included high inflation and food shortages (caused by a number of factors, including a lack of delivery options, a poor harvest, and a sudden increase in population). During the American Civil War, these riots took place.

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