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No, there was a terrible recession in the 1970s and a horrible gas crunch caused by Propaganda. The recession cause prices and realty to skyrocket. Unemployment was high too. Many women HAD to go to work in the 70s because of the recession. It became hard for a couple to survive on one paycheck. Some investors lost a lot of money then too.
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∙ 13y ago
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What caused the American economy to slip in the 1970s?
Spending on Veitnam
Which factor played a major in China's economic growth since the late 1970s?
shifting from a command economy to a mixed economy
What was the economy like in the 1970s?
it had a dramatic crash and 2 causes were unemployment and trade deflict
What 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.
What caused the American economy to slip in the 1970s?
Spending on Veitnam
Which factor played a major in China's economic growth since the late 1970s?
shifting from a command economy to a mixed economy
What describes Brazilian miracle of the 1970s?
Brazil's economy grew at a very rapid rate.
What was the economy like in the 1970s?
it had a dramatic crash and 2 causes were unemployment and trade deflict
What was a lasting effect of the OPEC embargo in the 1970s on the US economy?
reduced use of petroleum
What best describes the Brazilian miracle of 1970s?
Brazil's economy grew at a very rapid rate.
What best described the Brazilian miracle of the 1970s?
Brazil's economy grew at a very rapid rate.
What best describes the brazillian miracle of the 1970s?
Brazil's economy grew at a very rapid rate
Which factor was a major cause of the stagnant economy in the US during the early 1970s?
Is it about the oil prices.
Which of the following was a lasting effect of the OPEC embargo in the 1970s on the US economy?
reduced use of petroleum
What best describes Brazilian miracle of the 1970s?
Brazil's economy grew at a very rapid rate.
What best describes the Brazilian miracle of the 1970s?
Brazil's economy grew at a very rapid rate.
