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Q: In the 1970s the United States' economic supremacy was challenged by Europe and?
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Why did the United States lose its place as a world economic leader in the 1970's?

The United States lost their place as an world economic leader when Europe and Japan challenged America's world economic supremacy. Inexpensive and efficient Japanese cars went into the market while Europe products made strong competition to Americanized goods. This led to underemployment, causing a downfall in the United State's economy and a loss in place of a world economic leader.


Why did the us lose its place as a world economic leader in the 1970s?

The United States lost their place as an world economic leader when Europe and Japan challenged America's world economic supremacy. Inexpensive and efficient Japanese cars went into the market while Europe products made strong competition to Americanized goods. This led to underemployment, causing a downfall in the United State's economy and a loss in place of a world economic leader.


Under the Marshall Plan the United States?

Gave economic aid to Europe


What 2 countries challenged Britain's economic leadership during the Industrial Revolution?

The 2 countries are Germany and the United states


What has the author Arthur Birnie written?

Arthur Birnie has written: 'An economic history of Europe, 1760-1939' 'An economic history of Europe, 1760-1939 with an epilogue' 'A short economic history of the United States' 'An economic history of Europe, 1760-1930' -- subject(s): Economics, Economic conditions, History


Who gave Europe 12.5 billion in economic aide?

The United States of America


What was the economic plan of the United states that would give economic aid to free and democratic countries of Europe?

The marshall plan


Which clause in article 6 section 2 of the constitution could the federal government use to override the states bills of rights?

The supremacy clause gave the federal government the ability to override the states bill of rights.


The economic of western europe recovered quickly ww2 in part because of?

The Marshall Plan was the main plan of the United States to help Europe's economic recovery after World War II.


Is the EU the same as Europe?

No, Europe is one of the world's seven continets. The European Union (EU) is an economic and political union of 27 member states located primarily in Europe.


Europe was helped with economic recovery after WW2 by?

The United States. They created the Marshall Plan which provided aid to post war Europe from 1947 to the early 50s.


What are supremacy clauses?

States the laws Congress makes .