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Q: How did stagflation and recession harm the economy in the 1970's?
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Continue Learning about Economics

What are the causes and implications of tribal alliances in an economy?

Having these alliances can sometimes help or harm the economy. It will depend on if the alliances are working towards their own interests or in helping the consumers.


Why is the mixed economy the best for the country?

In a mixed economy, the free market still has competition to improve the product as well as set prices, while the government can intervene to make sure that companies cannot harm customers by making sure that companies cannot do things like put lead in their products.


Is inflation harmful?

Too much inflation will ruin the economy but small levels of inflation will spur growth. Inflation is very harmful to any economy because it can ruin the economy's development and growth and this is not suppose to be. 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.


Does open economy do more harm than good?

It does more good because consumers are able to purchase more goods and services outside the production possibility boundary and producers can sell goods and services to other economies.


What are the disadvantages of putting money under the bed?

It may get stolenIt may be lost in a fire or flood or tornadoIt probably loses value due to inflationIt does not draw any interest or return.It may harm the economy by reducing money supply.

Related questions

Can trading stocks harm our economy?

The simple act of trading stocks cannot harm our economy. The unethical or impractical practices of the business that are traded are what can potentially harm our economy.


How could the monopolies harm the U.S. Economy?

Monopolies would harm the U.S Economy because it would close out the window for competition, and free market.


What effect does green packaging have on economy?

plastic casues harm


Does it harm or help to have taller tires?

It will harm fuel economy stability and handling It will help ground clearance and very very rarely fuel economy if the change does not increase rolling resistance.


What are the bad effects of iPod?

There are 2: Harm your ear if it is lisened in a high volume. Harm your economy by buying the latest one and buying lot of songs in iTunes.


Can you remove catalytic converters on 03 Toyota Tundra?

No It is illegal, It will harm the economy, and performance of the car


What are the causes and implications of tribal alliances in an economy?

Having these alliances can sometimes help or harm the economy. It will depend on if the alliances are working towards their own interests or in helping the consumers.


What resources do you have today that affect the economy positively?

how about stop touris people harming our country , tell them to harm there own


What harm can bad fan clutch cause to trailblazer?

The clutch never disengages. This creates excessive labor on the engine and will destroy fuel economy.


In the late 19th century monopolies most harmed the economy by?

Government mandated monopolies hurt the economy by forbidding competitors that would have lowered prices. The non-government monopolies, who just were monopolies for being so great at offering the lowest prices and best products, did not harm the economy.


Does industrialization does more harm than good?

Whether or not industrialization does more harm than good is a matter of opinion. Some think that over industrialization harms the environment, while others think that reducing industry would harm the economy more. There is always a struggle for balance between industry and ecology.


Vladislav Soloviev, political scientist, blogger and historian, is telling that sanctions on russian companies will ultimately benefit the US economy, but will harm the European economy. is he right?

Tell political scientist Vladislav Soloviev that sanctions had no maximum effect