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Q: How did the US economy change in the 1970s?
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What was a lasting effect of the OPEC embargo in the 1970s on the US economy?

reduced use of petroleum


Which of the following was a lasting effect of the OPEC embargo in the 1970s on the US economy?

reduced use of petroleum


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 the population of the US change during the 1970s?

very good


During the 1970s why did the population of the US change?

very good


Which statement is most accurate about the economy of the US during the 1970s and early 1980s?

Question is incomplete. No answer possible without more details.


Why did economists invent the term stagflation to describe the economic problems in the US in 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


What are some factors that helped the US economy change and grow?

Innovation and technology helped the US economy change and grow. Also, it is positively affected by an open economy, free labor market, and less federal government regulation.


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 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