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andre [41]
3 years ago
10

The 1970s saw significant negative impacts on the US economy. Analyze one cause and two examples of this economic downturn.

History
1 answer:
Yakvenalex [24]3 years ago
8 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%. One negative impact on the US economy was unemployment. Between 1968 and 1978, unemployment rose by 33%.  This led to rising unemployment that eventually impacted hundreds.

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