However, increased government outlay brough t astir(predicate) another(prenominal) recession in the 1970’s which would not be brought at a lower place control until the mid-1980’s. The early 1970’s mark the weakest U.S. thrift of the post-World state of war II era. Rising inflation, unemployment and increased government spending marked the period. During the Carter Administration, the nation was introduced to the term stagflation, a combination of stagnancy and inflation. Petroleum...If you ask to get a full essay, order it on our website: BestEssayCheap.com
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