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Umnica [9.8K]
2 years ago
14

What happened to the

History
2 answers:
mars1129 [50]2 years ago
5 0

Answer:

The 1970s saw some of the highest rates of inflation in the United States in recent history, with interest rates rising in turn to nearly 20%. Central bank policy, the abandonment of the gold window, Keynesian economic policy, and market psychology all contributed to this decade of high inflation.

elixir [45]2 years ago
3 0
What happened to the US economy in the 1970s is that it was the result of both of long-term processes and unexpected shocks.
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