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Sophie [7]
3 years ago
11

The poor economy led to stagflation, which means

History
2 answers:
iren [92.7K]3 years ago
4 0

Answer:

Explanation:

Stagflation is a combination of stagnant economic growth, high unemployment, and high inflation. It's an unnatural situation because inflation is not supposed to occur in a weak economy. In a normal market economy, slow growth prevents inflation. As a result, consumer demand drops enough to keep prices from rising.

Inessa05 [86]3 years ago
3 0

Answer:Stagflation is a combination of stagnant economic growth, high unemployment, and high inflation.

Explanation:It's an unnatural situation because inflation is not supposed to occur in a weak economy. In a normal market economy, slow growth prevents inflation. As a result, consumer demand drops enough to keep prices from rising.

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