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Which statement is most accurate about the economy of the US during the 1970s and early 1980s?
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∙ 8y ago
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∙ 8y ago
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Which factor was a major cause of the stagnant economy in the US during the early 1970s?
Is it about the oil prices.
Why did economists invent the term stagflation to describe the economic problems in the US during the 1970s?
to describe a situation caused by a weak economy and rising prices
Why did economist invent the term stagflation to describe the economic problems in the US during the 1970s?
to describe a situation caused by a weak economy and rising prices
Why did economics invent the term stagflation to describe the economic problems in the US during the 1970s?
to describe a situation caused by a weak economy and rising prices
What caused the American economy to slip in the 1970s?
Spending on Veitnam
Which factor was a major cause of the stagnant economy in the US during the early 1970s?
Is it about the oil prices.
What are two things that helped cause a major recession in America during the early 1970s?
{Stagnating economy} {Massive Federal debt}
Why did economists invent the term stagflation to describe the economic problems in the US during the 1970s?
to describe a situation caused by a weak economy and rising prices
Why did economists invent the term stagflation to describe the economic problem in the US during the 1970s?
to describe a situation caused by a weak economy and rising prices
Why did economist invent the term stagflation to describe the economic problems in the US during the 1970s?
to describe a situation caused by a weak economy and rising prices
Why did economics invent the term stagflation to describe the economic problems in the US during the 1970s?
to describe a situation caused by a weak economy and rising prices
What caused the American economy to slip in the 1970s?
Spending on Veitnam
Why did economist invent the term stagflation to describe the economic problems in the United States during the 1970s?
to describe a situation caused by a weak economy and rising prices
Why did economists invent the term stagflation to describe the economic problems in the united States during the 1970s?
to describe a situation caused by a weak economy and rising prices
Which factor played a major in China's economic growth since the late 1970s?
shifting from a command economy to a mixed economy
During what decade did Maglev?
1970s
What was the economy like in the 1970s?
it had a dramatic crash and 2 causes were unemployment and trade deflict
