the name is stagflation. It is difficult to handle this situation. search for stagflation to know more...
Inflation is an economic condition characterized by rising prices.
Stagflation was an economic condition in which unemployment was high, the economy was stagnant, but prices were rising (inflation).
The economic phenomenon President Ford faced, characterized by rising inflation and unemployment, is known as stagflation. This situation presented a unique challenge, as traditional economic policies aimed at curbing inflation could worsen unemployment, and vice versa. Stagflation was particularly problematic during the 1970s, leading to a reevaluation of economic strategies in the U.S.
This is called inflation or more precisely "price inflation".
inflation and unemployment
Inflation is an economic condition characterized by rising prices.
Inflation is an economic condition characterized by rising prices.
Inflation is an economic condition characterized by rising prices.
Stagflation was an economic condition in which unemployment was high, the economy was stagnant, but prices were rising (inflation).
The economic phenomenon President Ford faced, characterized by rising inflation and unemployment, is known as stagflation. This situation presented a unique challenge, as traditional economic policies aimed at curbing inflation could worsen unemployment, and vice versa. Stagflation was particularly problematic during the 1970s, leading to a reevaluation of economic strategies in the U.S.
This is called inflation or more precisely "price inflation".
inflation and unemployment
penis
Inflation went down due to spending cuts, but unemployment remained high under Ford's economic policy.
economic policy
inflation went down, but unemployment remained high
Inflation went down due to spending cuts, but unemployment remained high under Ford's economic policy.