The U.S.'s economy took a great down fall, many Americans were laid off, and it was common for businesses to fail.
Answer:
What was jimmy carters domestic policy?
Explanation:
His budgetary policies centered on taming inflation by reducing deficits and government spending. Responding to energy concerns that had persisted through much of the 1970s, his administration enacted a national energy policy designed to promote energy conservation and the development of alternative resources.
The definition of inflation in the field of economics is "mean increased money supply, but the general public often refer to a sustained increase in the general price level of goods and services in an economy over a period of time, causing due to increased demand, "Too much money chasing too few goods." It can also be seen as a lack of value in the currency.